https://www.taxtmi.com/caselaws?id=406555 The Tribunal partially allowed the appeal, confirming the Commissioner of Income Tax (Appeals)'s decision to disallow the bad debts claim of Rs. 8.39 crores for the assessment year 2013-14. The Tribunal directed the appellant to seek redress in the subsequent assessment year, emphasizing the need for a fresh examination to determine if the amount given to the company constituted a loan or an investment. The judgment was pronounced on 22nd March 2021. en-us Mon, 22 Mar 2021 00:00:00 +0530 Sat, 17 Apr 2021 11:04:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406555 The Tribunal partially allowed the appeal, confirming the Commissioner of Income Tax (Appeals)'s decision to disallow the bad debts claim of Rs. 8.39 crores for the assessment year 2013-14. The Tribunal directed the appellant to seek redress in the subsequent assessment year, emphasizing the need for a fresh examination to determine if the amount given to the company constituted a loan or an investment. The judgment was pronounced on 22nd March 2021. Case-Laws Income Tax Mon, 22 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406555