https://www.taxtmi.com/caselaws?id=23394 Deduction for doubtful debts was upheld where the Tribunal found, on the evidence, that the assessee had written off the amounts in its profit and loss account and had material in the relevant year to conclude that the debts were not recoverable. The High Court treated whether a debt had become bad or doubtful, and whether it had been properly written off, as a question of fact. Finding no perversity in the Tribunal's conclusion, the court declined interference and affirmed the assessee's entitlement to the deduction on those facts. en-us Thu, 16 Mar 1989 00:00:00 +0530 Fri, 18 Dec 2009 18:28:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23394 Deduction for doubtful debts was upheld where the Tribunal found, on the evidence, that the assessee had written off the amounts in its profit and loss account and had material in the relevant year to conclude that the debts were not recoverable. The High Court treated whether a debt had become bad or doubtful, and whether it had been properly written off, as a question of fact. Finding no perversity in the Tribunal's conclusion, the court declined interference and affirmed the assessee's entitlement to the deduction on those facts. Case-Laws Income Tax Thu, 16 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23394