https://www.taxtmi.com/caselaws?id=410533 The Tribunal upheld the CIT(A)'s decision, ruling that the provision for bad and doubtful debts amounting to Rs. 94,22,355/- was an actual write-off, not just a provision. Consequently, it did not fall under the provisions of section 115JB of the Income Tax Act, 1961. The Revenue's appeal was dismissed. en-us Fri, 30 Jul 2021 00:00:00 +0530 Tue, 03 Aug 2021 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410533 The Tribunal upheld the CIT(A)'s decision, ruling that the provision for bad and doubtful debts amounting to Rs. 94,22,355/- was an actual write-off, not just a provision. Consequently, it did not fall under the provisions of section 115JB of the Income Tax Act, 1961. The Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 30 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410533