https://www.taxtmi.com/caselaws?id=203106 ITAT MUMBAI held that a share broker's amounts receivable from clients for share purchase transactions constitute trading debts and include brokerage/commission. Where such brokerage/commission was included in income for the relevant or earlier year and the debts have been written off as irrecoverable, the assessee is entitled to deduction under section 36(1)(vii) read with section 36(2). Decision in favour of the assessee. en-us Fri, 16 Jul 2010 00:00:00 +0530 Thu, 28 Aug 2025 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203106 ITAT MUMBAI held that a share broker's amounts receivable from clients for share purchase transactions constitute trading debts and include brokerage/commission. Where such brokerage/commission was included in income for the relevant or earlier year and the debts have been written off as irrecoverable, the assessee is entitled to deduction under section 36(1)(vii) read with section 36(2). Decision in favour of the assessee. Case-Laws Income Tax Fri, 16 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203106