https://www.taxtmi.com/caselaws?id=416207 The Tribunal partially allowed the appeals in ITA No.682/Bang/2017 and ITA No.683/Bang/2017. It directed the Assessing Officer to allow the deduction of bad debts written off under Section 36(1)(vii) of the Income Tax Act. Additionally, the Tribunal instructed the AO to permit the Section 80-IC deduction on enhanced profits resulting from disallowance under Section 40(a)(ia). However, the claim for deduction related to commission expenses was dismissed as the assessee failed to provide evidence linking them to the 80-IC unit. en-us Tue, 16 Nov 2021 00:00:00 +0530 Wed, 22 Dec 2021 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416207 The Tribunal partially allowed the appeals in ITA No.682/Bang/2017 and ITA No.683/Bang/2017. It directed the Assessing Officer to allow the deduction of bad debts written off under Section 36(1)(vii) of the Income Tax Act. Additionally, the Tribunal instructed the AO to permit the Section 80-IC deduction on enhanced profits resulting from disallowance under Section 40(a)(ia). However, the claim for deduction related to commission expenses was dismissed as the assessee failed to provide evidence linking them to the 80-IC unit. Case-Laws Income Tax Tue, 16 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416207