https://www.taxtmi.com/caselaws?id=171457 The Tribunal dismissed the Revenue's appeal regarding the disallowance of bad debts and provision for property tax liability due to the absence of approval from the High Power committee (COD), as mandated by legal precedents. The decision emphasized the necessity of COD approval for litigations involving Government entities to prevent wastage of public resources. The Tribunal's ruling highlighted the importance of adherence to procedural requirements before pursuing legal actions, ensuring efficient dispute resolution and the preservation of public funds. en-us Mon, 17 May 2010 00:00:00 +0530 Tue, 21 Jul 2015 10:36:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171457 The Tribunal dismissed the Revenue's appeal regarding the disallowance of bad debts and provision for property tax liability due to the absence of approval from the High Power committee (COD), as mandated by legal precedents. The decision emphasized the necessity of COD approval for litigations involving Government entities to prevent wastage of public resources. The Tribunal's ruling highlighted the importance of adherence to procedural requirements before pursuing legal actions, ensuring efficient dispute resolution and the preservation of public funds. Case-Laws Income Tax Mon, 17 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171457