https://www.taxtmi.com/caselaws?id=22248 The High Court upheld the Tribunal's decision to allow deductions for bad debts written off and rebates allowed to customers for the assessment years 1970-71 and 1969-70, respectively. The Court emphasized the composite and integrated nature of the assessee's business, with interlacing and unity of control, leading to the deductions being deemed permissible. The Court ruled in favor of the assessee, concluding that the additions made by the Department were unjustified. en-us Thu, 14 Jun 1990 00:00:00 +0530 Tue, 08 Dec 2009 13:17:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22248 The High Court upheld the Tribunal's decision to allow deductions for bad debts written off and rebates allowed to customers for the assessment years 1970-71 and 1969-70, respectively. The Court emphasized the composite and integrated nature of the assessee's business, with interlacing and unity of control, leading to the deductions being deemed permissible. The Court ruled in favor of the assessee, concluding that the additions made by the Department were unjustified. Case-Laws Income Tax Thu, 14 Jun 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22248