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![Disallowance u/s 40(1) can’t be made in case of Old Creditors: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Delhi-High-Court-Tax-Scan-1.jpg "Disallowance u/s 40(1) can’t be made in case of Old Creditors: Delhi HC [Read Judgment]")
Disallowance u/s 40(1) can’t be made in case of Old Creditors: Delhi HC [Read Judgment]
A division bench of the Delhi HC comprising Justice Sanjiv Khanna and Justice Chander Shekhar denied the disallowance made in case of old creditors...