https://www.taxtmi.com/caselaws?id=214580 The ITAT dismissed all appeals filed by the Revenue for the assessment years 2003-04 to 2005-06. The decisions were based on legal interpretations, precedent cases, and adherence to RBI guidelines for non-banking finance companies. The ITAT allowed the claim for bad debts based on amended provisions of Sec. 36(1)(VII) and upheld the deletion of service charges following RBI guidelines. Additionally, the ITAT confirmed the disallowance of TDS on payments for services, citing precedent cases and agreements. en-us Wed, 20 Jun 2012 00:00:00 +0530 Thu, 30 Jul 2026 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214580 The ITAT dismissed all appeals filed by the Revenue for the assessment years 2003-04 to 2005-06. The decisions were based on legal interpretations, precedent cases, and adherence to RBI guidelines for non-banking finance companies. The ITAT allowed the claim for bad debts based on amended provisions of Sec. 36(1)(VII) and upheld the deletion of service charges following RBI guidelines. Additionally, the ITAT confirmed the disallowance of TDS on payments for services, citing precedent cases and agreements. Case-Laws Income Tax Wed, 20 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214580