95 results for “disallowance”+ Section 5(2)(b)clear
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b) The CIT(A) further erred in confirming the addition made by the 40 under section 4I(I) of the Act when no remission or cessation of the liability has been expressly granted by the concerned creditor and that the said liability duly appeared in the audited financials of the appellant company for the year ended 31.03.2009. 5. The Appellant