https://www.taxtmi.com/caselaws?id=56287 The Appellate Tribunal ITAT Ahmedabad allowed the appeal in a case involving the disallowance of a bad debt claim by the CIT(A). The appellant, a cloth wholesaler, had faced challenges in recovering dues from a debtor, leading to the debt being written off. Despite initial rejection due to lack of evidence, the Tribunal accepted the appellant's arguments, recognizing the practical difficulties in debt recovery for wholesale traders. The Tribunal granted relief for the bad debt amount, emphasizing the need for a pragmatic approach in such cases to support taxpayers facing challenges in recovering debts. en-us Fri, 28 Oct 1983 00:00:00 +0530 Thu, 02 Dec 2010 18:02:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56287 The Appellate Tribunal ITAT Ahmedabad allowed the appeal in a case involving the disallowance of a bad debt claim by the CIT(A). The appellant, a cloth wholesaler, had faced challenges in recovering dues from a debtor, leading to the debt being written off. Despite initial rejection due to lack of evidence, the Tribunal accepted the appellant's arguments, recognizing the practical difficulties in debt recovery for wholesale traders. The Tribunal granted relief for the bad debt amount, emphasizing the need for a pragmatic approach in such cases to support taxpayers facing challenges in recovering debts. Case-Laws Income Tax Fri, 28 Oct 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56287