https://www.taxtmi.com/caselaws?id=202828 The Tribunal upheld the addition under Section 92C of the Income Tax Act, rejecting reliance on CBDT Circular No.12 due to the amended proviso. The provision for bad and doubtful debts issue under Section 115JB was remanded for re-examination in light of the amended law. The appeal of the revenue was treated as allowed for statistical purposes. en-us Tue, 25 Jan 2011 00:00:00 +0530 Wed, 22 May 2013 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202828 The Tribunal upheld the addition under Section 92C of the Income Tax Act, rejecting reliance on CBDT Circular No.12 due to the amended proviso. The provision for bad and doubtful debts issue under Section 115JB was remanded for re-examination in light of the amended law. The appeal of the revenue was treated as allowed for statistical purposes. Case-Laws Income Tax Tue, 25 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202828