Supreme Court Clarifies Distinction Between Bad Debts and Provisions in Rural Banking Under Income Tax Act Section 36(1)(vii.

Supreme Court Clarifies Distinction Between Bad Debts and Provisions in Rural Banking Under Income Tax Act Section 36(1)(vii. https://www.taxtmi.com/highlights?id=2989 Bad debts versus Provisions for bad and doubtful debts - rural banking - Scope and ambit of the proviso to Section 36(1)(vii) - provisions of Sections 36(1)(vii) and 36(1)(viia) are distinct and independent items of deduction and operate in their respective fields - SC en-us Tue, 21 Feb 2012 17:26:10 +0530 Tue, 21 Feb 2012 17:26:10 +0530 TaxTMI RSS Generator Supreme Court Clarifies Distinction Between Bad Debts and Provisions in Rural Banking Under Income Tax Act Section 36(1)(vii. https://www.taxtmi.com/highlights?id=2989 Bad debts versus Provisions for bad and doubtful debts - rural banking - Scope and ambit of the proviso to Section 36(1)(vii) - provisions of Sections 36(1)(vii) and 36(1)(viia) are distinct and independent items of deduction and operate in their respective fields - SC Highlights Income Tax Tue, 21 Feb 2012 17:26:10 +0530 https://www.taxtmi.com/highlights?id=2989