https://www.taxtmi.com/caselaws?id=192065 The Tribunal ruled in favor of the assessee, allowing the appeal and directing the deletion of the disallowance of bad debts under section 143(3) of the I.T. Act, 1961 for the assessment year 2006-2007. The Tribunal held that the assessee, a 100% exporter, was entitled to the deduction for bad debts, emphasizing that granting such deduction did not amount to double benefit as unrealizable amounts were excluded from export turnover for section 80 HHC deduction. The decision was issued on 31st May 2011. en-us Tue, 31 May 2011 00:00:00 +0530 Thu, 11 May 2017 17:05:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192065 The Tribunal ruled in favor of the assessee, allowing the appeal and directing the deletion of the disallowance of bad debts under section 143(3) of the I.T. Act, 1961 for the assessment year 2006-2007. The Tribunal held that the assessee, a 100% exporter, was entitled to the deduction for bad debts, emphasizing that granting such deduction did not amount to double benefit as unrealizable amounts were excluded from export turnover for section 80 HHC deduction. The decision was issued on 31st May 2011. Case-Laws Income Tax Tue, 31 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192065