https://www.taxtmi.com/caselaws?id=234486 The appeal challenged the deletion of additions for bad debts and quality rejection expenses under sections 36(1)(vii) and 36(2)(i) of the Income-tax Act. The Commissioner and Tribunal upheld the deletion, citing precedents like T.R.F. Ltd., stating that after April 1, 1989, proving irrecoverability of debts was not necessary, and writing off in accounts sufficed. The Tribunal affirmed the authenticity of quality rejection expenses. The judgment emphasized adherence to legal provisions and precedents in tax assessments, leading to the dismissal of the appeal without any substantial question of law. en-us Wed, 06 Feb 2013 00:00:00 +0530 Tue, 02 Jul 2013 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234486 The appeal challenged the deletion of additions for bad debts and quality rejection expenses under sections 36(1)(vii) and 36(2)(i) of the Income-tax Act. The Commissioner and Tribunal upheld the deletion, citing precedents like T.R.F. Ltd., stating that after April 1, 1989, proving irrecoverability of debts was not necessary, and writing off in accounts sufficed. The Tribunal affirmed the authenticity of quality rejection expenses. The judgment emphasized adherence to legal provisions and precedents in tax assessments, leading to the dismissal of the appeal without any substantial question of law. Case-Laws Income Tax Wed, 06 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234486