https://www.taxtmi.com/caselaws?id=58421 The ITAT upheld the AAC's decision in the case. The first issue revolved around allowing bad debts as a legitimate business loss, with the ITAT confirming the deduction due to the impracticality of legal action against the debtor. The second issue concerned the entitlement to weighted deduction under section 35B, which was allowed for commission paid for developing the export market. Lastly, the treatment of expenditure on ordinary hospitality to customers was deemed not entertainment expenses, following a recent Bombay High Court decision, leading to the dismissal of the departmental appeal. en-us Sat, 21 Oct 1978 00:00:00 +0530 Sat, 18 Dec 2010 18:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58421 The ITAT upheld the AAC's decision in the case. The first issue revolved around allowing bad debts as a legitimate business loss, with the ITAT confirming the deduction due to the impracticality of legal action against the debtor. The second issue concerned the entitlement to weighted deduction under section 35B, which was allowed for commission paid for developing the export market. Lastly, the treatment of expenditure on ordinary hospitality to customers was deemed not entertainment expenses, following a recent Bombay High Court decision, leading to the dismissal of the departmental appeal. Case-Laws Income Tax Sat, 21 Oct 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58421