https://www.taxtmi.com/caselaws?id=183739 The court held that interest under sections 234B and 234C of the Income Tax Act applies when computing income under section 115JA for certain assessment years. The majority view supported the levy of interest by the Assessing Officer. The deduction for provision for bad debts of Rs. 15,84,669 in a specific assessment year was deemed impermissible, but it was directed that the deduction should be allowed in subsequent years when the bad debts are actually written off. All appeals were treated as partly allowed, with a typographical error corrected in the order. en-us Fri, 18 Dec 2009 00:00:00 +0530 Mon, 20 Jun 2016 14:13:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183739 The court held that interest under sections 234B and 234C of the Income Tax Act applies when computing income under section 115JA for certain assessment years. The majority view supported the levy of interest by the Assessing Officer. The deduction for provision for bad debts of Rs. 15,84,669 in a specific assessment year was deemed impermissible, but it was directed that the deduction should be allowed in subsequent years when the bad debts are actually written off. All appeals were treated as partly allowed, with a typographical error corrected in the order. Case-Laws Income Tax Fri, 18 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183739