https://www.taxtmi.com/caselaws?id=456916 Section 36(1)(viia) is analysed as allowing deduction for provision for bad and doubtful debts, including provision linked to standard assets, subject to the statutory ceiling based on total income and rural branch advances. The note also records that medical reimbursement paid under an employee arrangement may be treated as salary-linked expenditure, tea allowance as business office expense, and an employees' provident fund shortfall as a statutory employer obligation and allowable business outlay. It further notes that connectivity charges and interest income from security redemption may require factual verification where supporting records or explanation are incomplete, making remand appropriate. en-us Fri, 14 Jul 2023 00:00:00 +0530 Sat, 24 Aug 2024 17:00:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456916 Section 36(1)(viia) is analysed as allowing deduction for provision for bad and doubtful debts, including provision linked to standard assets, subject to the statutory ceiling based on total income and rural branch advances. The note also records that medical reimbursement paid under an employee arrangement may be treated as salary-linked expenditure, tea allowance as business office expense, and an employees' provident fund shortfall as a statutory employer obligation and allowable business outlay. It further notes that connectivity charges and interest income from security redemption may require factual verification where supporting records or explanation are incomplete, making remand appropriate. Case-Laws Income Tax Fri, 14 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456916