Receivables Write-Off Approved After Joint Venture Ends, Complies with Section 36(2) of Income Tax Act.

Receivables Write-Off Approved After Joint Venture Ends, Complies with Section 36(2) of Income Tax Act. https://www.taxtmi.com/highlights?id=53212 Write off of receivables on discontinuation of joint venture (JV) - assessee had duly complied with the provisions of section 36(2) of the Act. It is not in dispute that the said trade debts had been duly written off as irrecoverable in the books of accounts of the assessee company - Claim allowed - AT en-us Wed, 29 Apr 2020 09:09:13 +0530 Wed, 29 Apr 2020 09:09:13 +0530 TaxTMI RSS Generator Receivables Write-Off Approved After Joint Venture Ends, Complies with Section 36(2) of Income Tax Act. https://www.taxtmi.com/highlights?id=53212 Write off of receivables on discontinuation of joint venture (JV) - assessee had duly complied with the provisions of section 36(2) of the Act. It is not in dispute that the said trade debts had been duly written off as irrecoverable in the books of accounts of the assessee company - Claim allowed - AT Highlights Income Tax Wed, 29 Apr 2020 09:09:13 +0530 https://www.taxtmi.com/highlights?id=53212