Judgement

The Tribunal allowed a bad debt deduction of Rs. 1.91 crore, ruling that a simple write-off in the books is sufficient under Section 36(1)(vii), as per the TRF Ltd. vs CIT judgment.

Simple Write-Off is Enough: Tribunal Grants Rs. 1.91 Cr Bad Debt Deduction

Articles

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Simple Write-Off is Enough: Tribunal Grants Rs. 1.91 Cr Bad Debt Deduction

Income Tax Relief Granted to Karnataka State Pollution Control Board on Specified Incomes

ITR Mistakes: A Simple Mistake Could Cost You 200% Penalty

ITAT Restores Appeal after NFAC Passed Ex-parte, Non-speaking Order

Income Tax Reassessment Without Deciding Objections Held Void: ITAT

ITAT: Second Panchnama Can’t Extend Limitation, Assessment Time-Barred