https://www.taxtmi.com/caselaws?id=391713 The ITAT partly allowed both appeals for statistical purposes, remanding the case to the AO for further examination. The treatment of advance payment for software purchase was questioned, with the ITAT admitting additional evidence for consideration. Regarding the claim of bad and doubtful debts for payments to foreign parties, the AO's disallowance was upheld by the CIT(A) due to lack of proof, but the ITAT directed verification under section 195 and a fair hearing for the assessee. en-us Fri, 31 Jan 2020 00:00:00 +0530 Wed, 05 Feb 2020 14:52:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391713 The ITAT partly allowed both appeals for statistical purposes, remanding the case to the AO for further examination. The treatment of advance payment for software purchase was questioned, with the ITAT admitting additional evidence for consideration. Regarding the claim of bad and doubtful debts for payments to foreign parties, the AO's disallowance was upheld by the CIT(A) due to lack of proof, but the ITAT directed verification under section 195 and a fair hearing for the assessee. Case-Laws Income Tax Fri, 31 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391713