https://www.taxtmi.com/caselaws?id=792916 Delay of 687 days in filing the appeal was condoned on the basis of medical records showing sufficient cause for the belated filing. Deduction for bad debts under section 36(1)(vii) was allowed because the assessee had written off the amounts as irrecoverable in the books; actual proof of irrecoverability was not required after the statutory amendment. The estimated 10% disallowance of business expenses was deleted because it rested on an ad hoc percentage without comparable material or supporting evidence. The additions in dispute were therefore set aside and relief was granted on all issues. en-us Wed, 03 Jun 2026 00:00:00 +0530 Fri, 05 Jun 2026 08:07:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792916 Delay of 687 days in filing the appeal was condoned on the basis of medical records showing sufficient cause for the belated filing. Deduction for bad debts under section 36(1)(vii) was allowed because the assessee had written off the amounts as irrecoverable in the books; actual proof of irrecoverability was not required after the statutory amendment. The estimated 10% disallowance of business expenses was deleted because it rested on an ad hoc percentage without comparable material or supporting evidence. The additions in dispute were therefore set aside and relief was granted on all issues. Case-Laws Income Tax Wed, 03 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792916