https://www.taxtmi.com/highlights?id=28622 Bad debts claimed should be set off against the opening balance available in the “Provision for bad and doubtful debts” account created u/s. 36(1)(viia) and the balance shall be allowable as deduction u/s 36(1)(vii) supported by the Instruction No. 17 of 2008 dated 26.11.2008 issued by CBDT - AT en-us Mon, 18 Apr 2016 08:15:38 +0530 Mon, 18 Apr 2016 08:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28622 Bad debts claimed should be set off against the opening balance available in the “Provision for bad and doubtful debts” account created u/s. 36(1)(viia) and the balance shall be allowable as deduction u/s 36(1)(vii) supported by the Instruction No. 17 of 2008 dated 26.11.2008 issued by CBDT - AT Highlights Income Tax Mon, 18 Apr 2016 08:15:38 +0530 https://www.taxtmi.com/highlights?id=28622