CIT v. Bhogilal Ramjibhai Atara
43 Taxmann.com 55High Court2014#2781 most cited
What is CIT v. Bhogilal Ramjibhai Atara authority for?
Section 41(1) of the Income Tax Act applies only where there is remission or cessation of a trading liability during the previous year relevant to the assessment year, and not merely because the assessee cannot provide confirmations for sundry creditors.
43
judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2015 to 2025.
Also referred to as
CIT v. Bhogilal Ramjibhai Atara · Section 41(1) · cessation of liability · remission of liability · sundry creditors · trading liability · Income Tax Act · assessment year · previous year · genuineness of transaction
Also reported as
222 Taxmann 313
Sections most often in play
Issues it is cited on
Judgments citing CIT v. Bhogilal Ramjibhai Atara
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