https://www.taxtmi.com/caselaws?id=411169 The appeal filed by the Revenue was dismissed, affirming the decision of the Learned Commissioner of Income Tax (Appeals) and following previous rulings by the ITAT Delhi. The assessee's claim of Rs. 24,01,00,000 under Section 36(1)(viia) for provision for Bad & Doubtful Debts was allowed, based on legislative intent and judicial precedents supporting deductions for rural advances. en-us Tue, 17 Aug 2021 00:00:00 +0530 Wed, 18 Aug 2021 09:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411169 The appeal filed by the Revenue was dismissed, affirming the decision of the Learned Commissioner of Income Tax (Appeals) and following previous rulings by the ITAT Delhi. The assessee's claim of Rs. 24,01,00,000 under Section 36(1)(viia) for provision for Bad & Doubtful Debts was allowed, based on legislative intent and judicial precedents supporting deductions for rural advances. Case-Laws Income Tax Tue, 17 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411169