https://www.taxtmi.com/caselaws?id=362207 The Tribunal allowed the appeal, holding that the provision for doubtful debts was effectively a write-off of debt, following legal precedents. The Tribunal found the issue debatable and not an obvious mistake, directing the Assessing Officer to delete the adjustment made under Section 115JB of the Act regarding the provision for doubtful debts. The decision ensured the assessee's rights were upheld concerning the treatment of bad and doubtful debts for the Assessment Year in question. en-us Fri, 15 Jun 2018 00:00:00 +0530 Thu, 21 Jun 2018 06:24:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362207 The Tribunal allowed the appeal, holding that the provision for doubtful debts was effectively a write-off of debt, following legal precedents. The Tribunal found the issue debatable and not an obvious mistake, directing the Assessing Officer to delete the adjustment made under Section 115JB of the Act regarding the provision for doubtful debts. The decision ensured the assessee's rights were upheld concerning the treatment of bad and doubtful debts for the Assessment Year in question. Case-Laws Income Tax Fri, 15 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362207