https://www.taxtmi.com/caselaws?id=411870 The appeal was allowed on both grounds. The case was remanded for further examination of the provision for bad and doubtful debts under Section 36(1)(viia) of the Income Tax Act, 1961, to determine if it was correctly made in accordance with the law. Additionally, the Assessing Officer was directed to verify the reconciliation statement submitted by the assessee regarding the difference in profit between the P&L account and computation of income, ultimately allowing the appeal on this ground as well. en-us Tue, 17 Aug 2021 00:00:00 +0530 Sun, 05 Sep 2021 22:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411870 The appeal was allowed on both grounds. The case was remanded for further examination of the provision for bad and doubtful debts under Section 36(1)(viia) of the Income Tax Act, 1961, to determine if it was correctly made in accordance with the law. Additionally, the Assessing Officer was directed to verify the reconciliation statement submitted by the assessee regarding the difference in profit between the P&L account and computation of income, ultimately allowing the appeal on this ground as well. Case-Laws Income Tax Tue, 17 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411870