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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Deductibility of commodities transaction tax clarified: tax paid on taxable commodities transactions allowed as business deduction when income is included.</h1> Amendment clarifies that the provision for bad and doubtful debts must be maintained as a single account covering all types of advances, including rural advances, for the specified proviso and clause, and adds a deduction allowing an amount equal to commodities transaction tax paid on taxable commodities transactions included in business income, with terminology aligned to the Finance Act definitions.

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