https://www.taxtmi.com/caselaws?id=31542 The High Court upheld the Tribunal's decision allowing the deduction of bad debts under Section 36(1)(vii) of the Income Tax Act, as the Assessee had properly written off the bad debts in its accounts. However, the issue of deducting remuneration without proof of services rendered by an individual remains unresolved, pending further examination by the Court. en-us Wed, 30 May 2007 00:00:00 +0530 Sat, 22 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31542 The High Court upheld the Tribunal's decision allowing the deduction of bad debts under Section 36(1)(vii) of the Income Tax Act, as the Assessee had properly written off the bad debts in its accounts. However, the issue of deducting remuneration without proof of services rendered by an individual remains unresolved, pending further examination by the Court. Case-Laws Income Tax Wed, 30 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31542