https://www.taxtmi.com/caselaws?id=283784 The Tribunal allowed the deduction under section 36(1)(viia) for the provision of bad and doubtful debts, ruling that the provision covers anticipated defaults on total assets, including standard advances. The decision favored the assessee, leading to the deletion of the addition made by the authorities and allowing the appeal. en-us Thu, 28 Mar 2019 00:00:00 +0530 Fri, 11 Oct 2019 13:48:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283784 The Tribunal allowed the deduction under section 36(1)(viia) for the provision of bad and doubtful debts, ruling that the provision covers anticipated defaults on total assets, including standard advances. The decision favored the assessee, leading to the deletion of the addition made by the authorities and allowing the appeal. Case-Laws Income Tax Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283784