https://www.taxtmi.com/caselaws?id=32444 The High Court upheld the Income Tax Appellate Tribunal's rectification of its order regarding the deduction of bad debt under section 36(1)(vii) of the Income Tax Act, 1961. The Tribunal rectified an erroneous direction in its original order, allowing the claim for bad debt of lease rentals. The Court deemed the rectification valid, emphasizing it corrected an apparent error on the face of the record and was not a review but a correction. The petition challenging the Tribunal's rectification was dismissed, affirming the rectification as justified. en-us Mon, 19 Jan 2009 00:00:00 +0530 Fri, 05 Jul 2013 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32444 The High Court upheld the Income Tax Appellate Tribunal's rectification of its order regarding the deduction of bad debt under section 36(1)(vii) of the Income Tax Act, 1961. The Tribunal rectified an erroneous direction in its original order, allowing the claim for bad debt of lease rentals. The Court deemed the rectification valid, emphasizing it corrected an apparent error on the face of the record and was not a review but a correction. The petition challenging the Tribunal's rectification was dismissed, affirming the rectification as justified. Case-Laws Income Tax Mon, 19 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32444