https://www.taxtmi.com/highlights?id=40514 Disallowance of Value Added Tax (VAT) written off - assessee has neither routed the impugned write off through its profit and loss account nor does it satisfy the basic tenet of bad debt write off claim u/s. 36(2) - assessee’s impugned claim is rather allowable as a business loss u/s 28 r.w.s 37 en-us Wed, 25 Jul 2018 11:42:14 +0530 Wed, 25 Jul 2018 11:42:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=40514 Disallowance of Value Added Tax (VAT) written off - assessee has neither routed the impugned write off through its profit and loss account nor does it satisfy the basic tenet of bad debt write off claim u/s. 36(2) - assessee’s impugned claim is rather allowable as a business loss u/s 28 r.w.s 37 Highlights Income Tax Wed, 25 Jul 2018 11:42:14 +0530 https://www.taxtmi.com/highlights?id=40514