https://www.taxtmi.com/caselaws?id=219767 The Tribunal partly allowed the assessee's appeal, remitting Grounds 1, 2, and 3 back to the AO for re-evaluation. Ground 4, concerning the disallowance of bad debts written off, was decided in favor of the assessee based on the Supreme Court precedent allowing for bad debts to be written off in the accounts post-April 1, 1989. en-us Wed, 13 Jun 2012 00:00:00 +0530 Mon, 17 Dec 2012 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219767 The Tribunal partly allowed the assessee's appeal, remitting Grounds 1, 2, and 3 back to the AO for re-evaluation. Ground 4, concerning the disallowance of bad debts written off, was decided in favor of the assessee based on the Supreme Court precedent allowing for bad debts to be written off in the accounts post-April 1, 1989. Case-Laws Income Tax Wed, 13 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219767