https://www.taxtmi.com/caselaws?id=419339 The Tribunal overturned the CIT(A)'s decision and directed the deletion of the addition of Rs. 3,39,02,138/- to the total income. The Tribunal found that since no deduction was claimed for Bad and Doubtful Debts Reserve (BDDR) in earlier years, adding the reversed amount to the total income was unjustified. The appellant's appeal was allowed, resulting in the removal of the addition of Rs. 8,54,42,557/- confirmed by the CIT(A). en-us Thu, 03 Mar 2022 00:00:00 +0530 Wed, 09 Mar 2022 08:29:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419339 The Tribunal overturned the CIT(A)'s decision and directed the deletion of the addition of Rs. 3,39,02,138/- to the total income. The Tribunal found that since no deduction was claimed for Bad and Doubtful Debts Reserve (BDDR) in earlier years, adding the reversed amount to the total income was unjustified. The appellant's appeal was allowed, resulting in the removal of the addition of Rs. 8,54,42,557/- confirmed by the CIT(A). Case-Laws Income Tax Thu, 03 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419339