https://www.taxtmi.com/caselaws?id=382944 The High Court of Madras dismissed the Tax Case Appeal filed by the Revenue, upholding the treatment of payments due from defaulting subscribers as bad debt for the assessment year 2002-03. The Court relied on a previous decision against the Revenue for the assessment year 1995-96, emphasizing consistency in legal interpretations and the application of precedents in tax matters under the Income Tax Act, 1961. en-us Tue, 04 Jun 2019 00:00:00 +0530 Fri, 12 Jul 2019 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382944 The High Court of Madras dismissed the Tax Case Appeal filed by the Revenue, upholding the treatment of payments due from defaulting subscribers as bad debt for the assessment year 2002-03. The Court relied on a previous decision against the Revenue for the assessment year 1995-96, emphasizing consistency in legal interpretations and the application of precedents in tax matters under the Income Tax Act, 1961. Case-Laws Income Tax Tue, 04 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382944