https://www.taxtmi.com/caselaws?id=421964 The Tribunal allowed the appeals and cross objections for statistical purposes, partially allowing the cross objection for AY 2009-10. The Tribunal upheld the CIT(A)'s decision on the provision for bad and doubtful debts but found that the provision for overdue interest was not admissible under section 43D for the relevant years. The reassessment proceedings for AY 2009-10 were found to be valid based on the provision for overdue interest. en-us Fri, 29 Apr 2022 00:00:00 +0530 Mon, 02 May 2022 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421964 The Tribunal allowed the appeals and cross objections for statistical purposes, partially allowing the cross objection for AY 2009-10. The Tribunal upheld the CIT(A)'s decision on the provision for bad and doubtful debts but found that the provision for overdue interest was not admissible under section 43D for the relevant years. The reassessment proceedings for AY 2009-10 were found to be valid based on the provision for overdue interest. Case-Laws Income Tax Fri, 29 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421964