https://www.taxtmi.com/caselaws?id=450191 The HC upheld the ITAT's decision, affirming the deductibility under Section 37(1) and the classification of bad debts under Section 36(1)(vii) read with Section 36(2) of the Income Tax Act. The court found no infirmity in the ITAT's order, ruling in favor of the assessee and against the Revenue's contentions. en-us Fri, 23 Feb 2024 00:00:00 +0530 Thu, 29 Feb 2024 06:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450191 The HC upheld the ITAT's decision, affirming the deductibility under Section 37(1) and the classification of bad debts under Section 36(1)(vii) read with Section 36(2) of the Income Tax Act. The court found no infirmity in the ITAT's order, ruling in favor of the assessee and against the Revenue's contentions. Case-Laws Income Tax Fri, 23 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450191