https://www.taxtmi.com/caselaws?id=185021 The Appellate Tribunal ITAT Ahmedabad allowed the Miscellaneous Application filed by the assessee, directing a reexamination of the interpretation of bad debts under section 36(1)(vii) of the Income-tax Act, 1961. The Tribunal considered the Supreme Court decision in T.R.F. Ltd. Vs. CIT (2010) and emphasized the need for the debt to be written off in the accounts of the assessee, post-April 1, 1989. The matter was remitted to the Assessing Officer for further examination to determine compliance with the legal provisions on bad debts. en-us Fri, 22 Jun 2012 00:00:00 +0530 Thu, 28 Jul 2016 11:46:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185021 The Appellate Tribunal ITAT Ahmedabad allowed the Miscellaneous Application filed by the assessee, directing a reexamination of the interpretation of bad debts under section 36(1)(vii) of the Income-tax Act, 1961. The Tribunal considered the Supreme Court decision in T.R.F. Ltd. Vs. CIT (2010) and emphasized the need for the debt to be written off in the accounts of the assessee, post-April 1, 1989. The matter was remitted to the Assessing Officer for further examination to determine compliance with the legal provisions on bad debts. Case-Laws Income Tax Fri, 22 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185021