https://www.taxtmi.com/highlights?id=33274 Bad debits - if the assessee decided to write off the said advances/securities given in ordinary course of business, in its books of accounts, the claim of assessee cannot be discarded simply because substantial evidences were not placed to prove its efforts of their recovery or that the said debts became irrecoverable, by way of stepping into the shoes of business. - AT en-us Mon, 13 Feb 2017 10:44:36 +0530 Mon, 13 Feb 2017 10:44:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33274 Bad debits - if the assessee decided to write off the said advances/securities given in ordinary course of business, in its books of accounts, the claim of assessee cannot be discarded simply because substantial evidences were not placed to prove its efforts of their recovery or that the said debts became irrecoverable, by way of stepping into the shoes of business. - AT Highlights Income Tax Mon, 13 Feb 2017 10:44:36 +0530 https://www.taxtmi.com/highlights?id=33274