https://www.taxtmi.com/caselaws?id=356295 The Court held that the Assessing Officer's adjustment under Section 143(1)(a) disallowing the claim for bad debts was improper as the issue was debatable, relying on a judicial decision. The Court emphasized that the assessee should have been given an opportunity to establish their claim. The judgment favored the assessee, ruling against the Revenue, and the reference was disposed of with no order as to costs. en-us Fri, 23 Feb 2018 00:00:00 +0530 Mon, 18 Jun 2018 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356295 The Court held that the Assessing Officer's adjustment under Section 143(1)(a) disallowing the claim for bad debts was improper as the issue was debatable, relying on a judicial decision. The Court emphasized that the assessee should have been given an opportunity to establish their claim. The judgment favored the assessee, ruling against the Revenue, and the reference was disposed of with no order as to costs. Case-Laws Income Tax Fri, 23 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356295