https://www.taxtmi.com/highlights?id=46382 Disallowance of bad debts - sales tax component included in the sundry debtors - If the assessee had made the payment of sales tax then the debtor of the assessee has to pay back the said amount and therefore it will assume the character of a debt - If ultimately the customer does not pay this amount to the assessee, it has to be regarded as bad debt written off and allowed as deduction u/s 36(1)(vii) en-us Thu, 09 May 2019 05:56:41 +0530 Wed, 08 May 2019 17:16:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46382 Disallowance of bad debts - sales tax component included in the sundry debtors - If the assessee had made the payment of sales tax then the debtor of the assessee has to pay back the said amount and therefore it will assume the character of a debt - If ultimately the customer does not pay this amount to the assessee, it has to be regarded as bad debt written off and allowed as deduction u/s 36(1)(vii) Highlights Income Tax Thu, 09 May 2019 05:56:41 +0530 https://www.taxtmi.com/highlights?id=46382