https://www.taxtmi.com/caselaws?id=472184 Bad-debt deduction under Section 36(1)(vii) depends on an actual write-off of the debt as irrecoverable in the accounts; following the post-1 April 1989 position, the taxpayer need not prove that the debt had become irrecoverable. An accounting debit labelled as a provision may qualify where the relevant debtor ledger verifies an actual write-off. The provision does not prohibit writing off only part of a debt. Accordingly, a partial bad-debt claim is permissible, subject to verification that the amount was actually written off in the accounts. en-us Fri, 20 Sep 2019 00:00:00 +0530 Thu, 01 Oct 2026 15:54:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472184 Bad-debt deduction under Section 36(1)(vii) depends on an actual write-off of the debt as irrecoverable in the accounts; following the post-1 April 1989 position, the taxpayer need not prove that the debt had become irrecoverable. An accounting debit labelled as a provision may qualify where the relevant debtor ledger verifies an actual write-off. The provision does not prohibit writing off only part of a debt. Accordingly, a partial bad-debt claim is permissible, subject to verification that the amount was actually written off in the accounts. Case-Laws Income Tax Fri, 20 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472184