https://www.taxtmi.com/caselaws?id=400503 The Tribunal allowed the assessee's appeals for statistical purposes, remitting the issues back to the Assessing Officer for fresh determination. It emphasized the distinction between deductions for bad debts under different sections of the Income Tax Act and the need for factual verification in cases of inadvertent errors in income reporting. The Tribunal instructed the AO to verify if bad debts were previously claimed and to grant suitable relief if excess disallowance resulted in over-reporting of income. en-us Thu, 01 Oct 2020 00:00:00 +0530 Sat, 07 Nov 2020 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400503 The Tribunal allowed the assessee's appeals for statistical purposes, remitting the issues back to the Assessing Officer for fresh determination. It emphasized the distinction between deductions for bad debts under different sections of the Income Tax Act and the need for factual verification in cases of inadvertent errors in income reporting. The Tribunal instructed the AO to verify if bad debts were previously claimed and to grant suitable relief if excess disallowance resulted in over-reporting of income. Case-Laws Income Tax Thu, 01 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400503