https://www.taxtmi.com/caselaws?id=408822 The ITAT upheld the CIT(A)'s decisions on all grounds, dismissing the revenue's appeal in its entirety. The disallowance of bad debts written off, treatment of PMC expenditure as revenue expenditure, provision written back disallowance, and book profit disallowance under Section 115JB of the Income Tax Act were all ruled in favor of the assessee based on detailed evidence and legal interpretations. en-us Mon, 21 Jun 2021 00:00:00 +0530 Tue, 22 Jun 2021 09:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408822 The ITAT upheld the CIT(A)'s decisions on all grounds, dismissing the revenue's appeal in its entirety. The disallowance of bad debts written off, treatment of PMC expenditure as revenue expenditure, provision written back disallowance, and book profit disallowance under Section 115JB of the Income Tax Act were all ruled in favor of the assessee based on detailed evidence and legal interpretations. Case-Laws Income Tax Mon, 21 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408822