https://www.taxtmi.com/caselaws?id=222015 The Court upheld the Tribunal's decisions on all issues: disallowance of expenses under Section 14A, provision for bad debts deduction, long term capital loss claimed by the assessee, and addition of provision for doubtful debts to book profit under Section 115JB. The Tribunal's findings were supported by relevant case law, and the Court dismissed the Revenue's appeals, emphasizing that the burden of proof was not met in challenging the assessee's claims. The Court ruled in favor of the respondent, allowing the deductions and dismissing the appeal without costs. en-us Wed, 06 Mar 2013 00:00:00 +0530 Wed, 10 Apr 2013 23:02:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=222015 The Court upheld the Tribunal's decisions on all issues: disallowance of expenses under Section 14A, provision for bad debts deduction, long term capital loss claimed by the assessee, and addition of provision for doubtful debts to book profit under Section 115JB. The Tribunal's findings were supported by relevant case law, and the Court dismissed the Revenue's appeals, emphasizing that the burden of proof was not met in challenging the assessee's claims. The Court ruled in favor of the respondent, allowing the deductions and dismissing the appeal without costs. Case-Laws Income Tax Wed, 06 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=222015