https://www.taxtmi.com/caselaws?id=62095 The Tribunal allowed the appellant's appeal, considering the bad debts as irrecoverable trading losses for the assessment year. The debts due from various agents and advertisers were found to be difficult to recover, leading to their allowance as a trading loss under section 29. The Tribunal determined a specific amount as deductible in the computation of income from business for the relevant assessment year. en-us Tue, 22 Jun 1976 00:00:00 +0530 Tue, 18 Jan 2011 11:05:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62095 The Tribunal allowed the appellant's appeal, considering the bad debts as irrecoverable trading losses for the assessment year. The debts due from various agents and advertisers were found to be difficult to recover, leading to their allowance as a trading loss under section 29. The Tribunal determined a specific amount as deductible in the computation of income from business for the relevant assessment year. Case-Laws Income Tax Tue, 22 Jun 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62095