https://www.taxtmi.com/caselaws?id=796667 Deduction for provision for bad and doubtful debts under Section 36(1)(viia) requires an actual provision in the books of account. The statutory percentages set only the maximum permissible ceiling and do not create an independent entitlement to deduction. Where the book provision is below that ceiling, the deduction is restricted to the amount actually provided, as supported by binding High Court authorities and a co-ordinate ruling in the assessee's own case. The stated conclusion is that deduction cannot exceed the provision recorded in the accounts. en-us Wed, 28 Jan 2026 00:00:00 +0530 Sat, 08 Aug 2026 08:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796667 Deduction for provision for bad and doubtful debts under Section 36(1)(viia) requires an actual provision in the books of account. The statutory percentages set only the maximum permissible ceiling and do not create an independent entitlement to deduction. Where the book provision is below that ceiling, the deduction is restricted to the amount actually provided, as supported by binding High Court authorities and a co-ordinate ruling in the assessee's own case. The stated conclusion is that deduction cannot exceed the provision recorded in the accounts. Case-Laws Income Tax Wed, 28 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796667