https://www.taxtmi.com/caselaws?id=152664 The High Court remitted the matter back to the Assessing Officer for reconsideration regarding the exemption under section 80HHC, emphasizing the need for a fresh assessment. The court set aside previous orders and directed a reevaluation of the treatment of a sum of Rs. 16,05,363 as bad debts, stressing the Assessing Officer's duty to verify if genuine bad debts were written off. The judgment highlighted the importance of factual analysis and adherence to legal procedures in resolving the issues raised in the appeal. en-us Tue, 12 Aug 2008 00:00:00 +0530 Mon, 08 Jul 2013 17:02:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152664 The High Court remitted the matter back to the Assessing Officer for reconsideration regarding the exemption under section 80HHC, emphasizing the need for a fresh assessment. The court set aside previous orders and directed a reevaluation of the treatment of a sum of Rs. 16,05,363 as bad debts, stressing the Assessing Officer's duty to verify if genuine bad debts were written off. The judgment highlighted the importance of factual analysis and adherence to legal procedures in resolving the issues raised in the appeal. Case-Laws Income Tax Tue, 12 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152664