<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>No Addition for Bad Debt Recovery u/s 41(1) as Debts Not Exceeding Credit Balance in Provision.</title>
    <link>https://www.taxtmi.com/highlights?id=55285</link>
    <description>Deemed income / addition u/s 41(1) - Recovery of bad debts written off - the bad debts written off did not exceed the credit balance in provision for bad and doubtful debts and the bad debts written off was not claimed as deduction u/s.36(1)(vii) of the Act in earlier years. - No addition could be made - AT</description>
    <language>en-us</language>
    <pubDate>Sat, 24 Oct 2020 19:15:24 +0530</pubDate>
    <lastBuildDate>Sat, 24 Oct 2020 19:15:24 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=626095" rel="self" type="application/rss+xml"/>
    <item>
      <title>No Addition for Bad Debt Recovery u/s 41(1) as Debts Not Exceeding Credit Balance in Provision.</title>
      <link>https://www.taxtmi.com/highlights?id=55285</link>
      <description>Deemed income / addition u/s 41(1) - Recovery of bad debts written off - the bad debts written off did not exceed the credit balance in provision for bad and doubtful debts and the bad debts written off was not claimed as deduction u/s.36(1)(vii) of the Act in earlier years. - No addition could be made - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Sat, 24 Oct 2020 19:15:24 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=55285</guid>
    </item>
  </channel>
</rss>