https://www.taxtmi.com/caselaws?id=194134 The appeal was successful as the disallowance of the claim of Bad Debts and the addition of excess provision of interest payable written back were overturned. The court held that the bad debts were effectively written off and the provision reversal was tax-neutral, leading to the deletion of both additions. The judgment favored the appellant, allowing both grounds of appeal. en-us Wed, 19 Oct 2016 00:00:00 +0530 Wed, 30 Aug 2017 10:56:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194134 The appeal was successful as the disallowance of the claim of Bad Debts and the addition of excess provision of interest payable written back were overturned. The court held that the bad debts were effectively written off and the provision reversal was tax-neutral, leading to the deletion of both additions. The judgment favored the appellant, allowing both grounds of appeal. Case-Laws Income Tax Wed, 19 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194134