https://www.taxtmi.com/caselaws?id=177379 The Court upheld the Tribunal's decision on provision for bad and doubtful debt, deeming it an ascertained liability u/s 115JA. It also affirmed the Tribunal's ruling on allowing depreciation on enhanced plant and machinery value due to foreign exchange rate fluctuation. No substantial legal questions arose, resulting in the dismissal of the appeal. en-us Tue, 30 Oct 2007 00:00:00 +0530 Fri, 08 Jan 2016 10:58:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177379 The Court upheld the Tribunal's decision on provision for bad and doubtful debt, deeming it an ascertained liability u/s 115JA. It also affirmed the Tribunal's ruling on allowing depreciation on enhanced plant and machinery value due to foreign exchange rate fluctuation. No substantial legal questions arose, resulting in the dismissal of the appeal. Case-Laws Income Tax Tue, 30 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177379