“section 41(1) addition”

Business IncomeSection 41(1)Section 41(1)2 judgments

DCIT CIRCLE-10(1), NEW DELHI vs. GHAZIABAD ORGANICS LTD., NEW DELHI

Appeal is partly allowed for statistical purposes

ITA 5894/DEL/2019[2015-16]Status: DisposedITAT Delhi26 May 2025AY 2015-16

Bench: Shri Satbeer Singh Godara & Shri Manish Agarwalassessment Year: 2015-16 Vs. Ghaziabad Organics Ltd., Dcit, Circle-10(1), C-73, Malviya Nagar, New Delhi New Delhi Pan: Aaacg6468R (Appellant) (Respondent) Assessee By None Department By Sh. Rajesh Kumar Dhanesta, Sr. Dr Date Of Hearing 26.05.2025 Date Of Pronouncement 26.05.2025 Order

Section 133(6)Section 143(3)Section 41(1)Section 68

there was any actual 11 | P a g e cessation of an outstanding liability in the impugned assessment year so as to attract section 41(1) addition. We thus quote CIT v. Sugauli Sugar Works (P) Ltd. (1983) 140 ITR 286 (SC) settling the instant issue long back that there

DY. COMMISSIONER OF INCOME TAX, PUNE vs. INDUS BIOTECH PRIVATE LIMITED, PUNE

Appeal is dismissed

ITA 863/PUN/2023[2018-19]Status: DisposedITAT Pune22 Oct 2024AY 2018-19

Bench: Shri R.K. Panda & Shri S.S. Godara"नधा"रण वष" / Assessment Year : 2018-19 Dcit, Vs. Indus Biotech Pvt. Ltd. Circle-1(1), 1, Rahul Residency, Pune Plot Nos.6 & 7, Off Salunke Vihar Road, Kondhwa, Kondhwa Bk B.O., Pune – 411048 Maharashtra Pan: Aaaci5708E Appellant Respondent

Section 143(3)Section 250Section 41(1)

discussion. Mr. Murkunde vehemently argued inter alia that not only the learned NFAC herein has erred in law and on facts in deleting section 41(1) addition which was infact made u/s.68 of the Act as unexplained cash credits but also he failed to comply with Rule