https://www.taxtmi.com/caselaws?id=459097 The claim for deduction on bad and doubtful debts was not finally decided on the merits; it was remitted to the Assessing Officer for fresh consideration in accordance with law. The reassessment must take into account the applicable provisions governing bad debts and the Double Taxation Avoidance Agreement in relation to the London branch, so the treaty position forms part of the reconsideration exercise. The assessment issue was therefore sent back for a new decision after applying the relevant legal framework. en-us Wed, 03 Mar 2010 00:00:00 +0530 Sat, 30 Nov 2024 10:27:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459097 The claim for deduction on bad and doubtful debts was not finally decided on the merits; it was remitted to the Assessing Officer for fresh consideration in accordance with law. The reassessment must take into account the applicable provisions governing bad debts and the Double Taxation Avoidance Agreement in relation to the London branch, so the treaty position forms part of the reconsideration exercise. The assessment issue was therefore sent back for a new decision after applying the relevant legal framework. Case-Laws Income Tax Wed, 03 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459097