https://www.taxtmi.com/caselaws?id=120110 The Tribunal dismissed the revenue's appeal, affirming the CIT(A)'s decisions on both issues. The transactions were deemed sales under section 45(1), not distributions under section 45(4), and the bad debts were correctly written off in accordance with the amended provisions of section 36(1)(vii). en-us Mon, 10 Jul 2006 00:00:00 +0530 Mon, 16 Jul 2012 18:46:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120110 The Tribunal dismissed the revenue's appeal, affirming the CIT(A)'s decisions on both issues. The transactions were deemed sales under section 45(1), not distributions under section 45(4), and the bad debts were correctly written off in accordance with the amended provisions of section 36(1)(vii). Case-Laws Income Tax Mon, 10 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120110