https://www.taxtmi.com/caselaws?id=374740 The Tribunal partly allowed the appeal, directing the Assessing Officer to allow the claim of bad debts amounting to Rs. 1,63,43,622 due to fraud by NSEL and ongoing legal proceedings. However, the non-allowance of deduction under section 80C for PPF contribution was rejected for lack of substantiation. The Tribunal's decision was pronounced on 05.02.2019, citing legal precedents and circulars to support the outcome. en-us Tue, 05 Feb 2019 00:00:00 +0530 Fri, 08 Feb 2019 06:31:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374740 The Tribunal partly allowed the appeal, directing the Assessing Officer to allow the claim of bad debts amounting to Rs. 1,63,43,622 due to fraud by NSEL and ongoing legal proceedings. However, the non-allowance of deduction under section 80C for PPF contribution was rejected for lack of substantiation. The Tribunal's decision was pronounced on 05.02.2019, citing legal precedents and circulars to support the outcome. Case-Laws Income Tax Tue, 05 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374740