https://www.taxtmi.com/caselaws?id=174008 The Delhi High Court allowed the bad debt amounting to Rs. 34,95,000 as a deduction under Section 36(1)(vii) and Section 36(2) of the Act. The court held in favor of the taxpayer, ruling that the debt was genuinely written off as irrecoverable and satisfied the conditions for deduction as per the provisions of the Act. en-us Thu, 05 May 2011 00:00:00 +0530 Mon, 28 Sep 2015 09:59:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174008 The Delhi High Court allowed the bad debt amounting to Rs. 34,95,000 as a deduction under Section 36(1)(vii) and Section 36(2) of the Act. The court held in favor of the taxpayer, ruling that the debt was genuinely written off as irrecoverable and satisfied the conditions for deduction as per the provisions of the Act. Case-Laws Income Tax Thu, 05 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174008