https://www.taxtmi.com/caselaws?id=373587 The ITAT partially allowed the Revenue's appeal in a tax case. The disallowance of loss on foreclosure of loan accounts and bad debts written off was upheld, while the disallowance of TDS recoverable written off was overturned. The decision stressed the importance of complying with Income Tax Act provisions and providing detailed documentation to support claims. en-us Mon, 14 Jan 2019 00:00:00 +0530 Wed, 16 Jan 2019 09:58:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373587 The ITAT partially allowed the Revenue's appeal in a tax case. The disallowance of loss on foreclosure of loan accounts and bad debts written off was upheld, while the disallowance of TDS recoverable written off was overturned. The decision stressed the importance of complying with Income Tax Act provisions and providing detailed documentation to support claims. Case-Laws Income Tax Mon, 14 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373587