https://www.taxtmi.com/highlights?id=6434 Bad debts - Inter Corporate Deposit (ICD) - once interest income has been taxed as business income, and the assessee has written off this amount as irrecoverable, the same has to be allowed as bad debt under section 36(1)(vii) r/w section 36(2) - AT en-us Wed, 09 Jan 2013 21:30:55 +0530 Wed, 09 Jan 2013 21:30:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=6434 Bad debts - Inter Corporate Deposit (ICD) - once interest income has been taxed as business income, and the assessee has written off this amount as irrecoverable, the same has to be allowed as bad debt under section 36(1)(vii) r/w section 36(2) - AT Highlights Income Tax Wed, 09 Jan 2013 21:30:55 +0530 https://www.taxtmi.com/highlights?id=6434