https://www.taxtmi.com/caselaws?id=350972 The Tribunal allowed the appeal filed by the assessee, focusing on the disallowance of bad debts. It held that the TDS amount deducted by the Government of Sikkim constituted a revenue loss for the assessee, allowing it as a bad debt. The Tribunal overturned the addition of Rs. 21,72,227/- made by the AO and confirmed by the CIT(A). Other issues regarding the validity of assessment and notice issuance were not pursued during the hearing and were not addressed by the Tribunal. en-us Wed, 18 Oct 2017 00:00:00 +0530 Wed, 29 Nov 2017 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350972 The Tribunal allowed the appeal filed by the assessee, focusing on the disallowance of bad debts. It held that the TDS amount deducted by the Government of Sikkim constituted a revenue loss for the assessee, allowing it as a bad debt. The Tribunal overturned the addition of Rs. 21,72,227/- made by the AO and confirmed by the CIT(A). Other issues regarding the validity of assessment and notice issuance were not pursued during the hearing and were not addressed by the Tribunal. Case-Laws Income Tax Wed, 18 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350972