3 results for “section 68”+ Section 9clear
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68,859,00 Cr. Total 4,60,581.00 Cr. 5. In the absence of any confirmation from the above parties, it was held that the trading liability amounting to Rs.4,60,581/- had ceased to exist as per provisions of Section 41(1) of the Income Tax Act, 1961 and addition of Rs.4,60,581/- was made