Held that CIT(A), having found that payments have been made by the assessee to the creditors in the subsequent year, he was justified in coming to the conclusion that the liability as stated by the assessee as on 31st March, 2017 is in existence and has not ceased and consequently not chargeable to tax under s. 41(1). Order of CIT(A) deleting the addition was affirmed. (AY. 2017-18)