https://www.taxtmi.com/caselaws?id=219670 The ITAT dismissed the Revenue's appeal regarding the disallowance of bad debts claimed by the assessee, citing the Supreme Court's ruling in TRF Ltd. Vs. CIT. The ITAT allowed the assessee's appeals for provision made towards leave encashment and amount paid towards LIC Group Gratuity Scheme deduction. The issue of remission of a loan was remanded for reconsideration due to a misreference by the CIT(A). en-us Wed, 06 Jun 2012 00:00:00 +0530 Sat, 15 Dec 2012 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219670 The ITAT dismissed the Revenue's appeal regarding the disallowance of bad debts claimed by the assessee, citing the Supreme Court's ruling in TRF Ltd. Vs. CIT. The ITAT allowed the assessee's appeals for provision made towards leave encashment and amount paid towards LIC Group Gratuity Scheme deduction. The issue of remission of a loan was remanded for reconsideration due to a misreference by the CIT(A). Case-Laws Income Tax Wed, 06 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219670