https://www.taxtmi.com/caselaws?id=13747 Amounts set aside as provisions for bad and doubtful debts were not deductible after the Explanation to section 36, so relief under sections 36(1)(vii) and 36(2) was refused. The assessee could not then recharacterise the same sums as trading losses under sections 28 and 29, because the accounts did not show an actual write-off or trading loss and the amended deduction rule could not be bypassed through a general business-loss claim. On that reasoning, the substantive appeal failed. en-us Wed, 23 Jan 2002 00:00:00 +0530 Thu, 02 Jul 2009 11:21:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13747 Amounts set aside as provisions for bad and doubtful debts were not deductible after the Explanation to section 36, so relief under sections 36(1)(vii) and 36(2) was refused. The assessee could not then recharacterise the same sums as trading losses under sections 28 and 29, because the accounts did not show an actual write-off or trading loss and the amended deduction rule could not be bypassed through a general business-loss claim. On that reasoning, the substantive appeal failed. Case-Laws Income Tax Wed, 23 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13747