https://www.taxtmi.com/caselaws?id=65136 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision to allow the bad debt claim for the assessee company. The judgment clarified the application of s. 36(2)(I) and upheld the principle of business succession in determining bad debt deductions. en-us Thu, 10 Sep 1981 00:00:00 +0530 Sat, 12 Feb 2011 14:56:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65136 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision to allow the bad debt claim for the assessee company. The judgment clarified the application of s. 36(2)(I) and upheld the principle of business succession in determining bad debt deductions. Case-Laws Income Tax Thu, 10 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65136