https://www.taxtmi.com/caselaws?id=326528 The Tribunal upheld the restriction of the deduction under section 36(1)(viia) to the actual provision made during the year. However, it directed the Assessing Officer to verify and allow additional provisions claimed by the assessee for bad and doubtful debts, ensuring compliance with the law that deductions should be based on provisions made during the relevant year. The appeal was partly allowed, with the decision favoring the revenue on the restriction of the deduction but allowing for consideration of additional provisions made during the relevant year. en-us Wed, 24 Feb 2016 00:00:00 +0530 Mon, 18 Apr 2016 08:15:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326528 The Tribunal upheld the restriction of the deduction under section 36(1)(viia) to the actual provision made during the year. However, it directed the Assessing Officer to verify and allow additional provisions claimed by the assessee for bad and doubtful debts, ensuring compliance with the law that deductions should be based on provisions made during the relevant year. The appeal was partly allowed, with the decision favoring the revenue on the restriction of the deduction but allowing for consideration of additional provisions made during the relevant year. Case-Laws Income Tax Wed, 24 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326528