https://www.taxtmi.com/caselaws?id=64788 Bad debt deduction for administrative charges recoverable from a sister concern was denied because the assessee did not prove that recovery had become irrecoverable in the relevant year; financial difficulty alone was insufficient. Disallowance under section 37(2A) for business promotion, travelling and hotel expenses was upheld only in part, as the record showed mainly director-related, entertainment-like expenditure, while the hotel expense component was not established as inadmissible and the employee-related portion alone warranted restriction. Disallowance under rule 6D failed because the travelling expenditure remained within the prescribed statutory ceiling, so no addition could survive on that ground. en-us Thu, 24 Nov 1994 00:00:00 +0530 Wed, 09 Feb 2011 18:35:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64788 Bad debt deduction for administrative charges recoverable from a sister concern was denied because the assessee did not prove that recovery had become irrecoverable in the relevant year; financial difficulty alone was insufficient. Disallowance under section 37(2A) for business promotion, travelling and hotel expenses was upheld only in part, as the record showed mainly director-related, entertainment-like expenditure, while the hotel expense component was not established as inadmissible and the employee-related portion alone warranted restriction. Disallowance under rule 6D failed because the travelling expenditure remained within the prescribed statutory ceiling, so no addition could survive on that ground. Case-Laws Income Tax Thu, 24 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64788