https://www.taxtmi.com/caselaws?id=58789 The Tribunal allowed the appeal in favor of the assessee, holding that the claim of bad debt for both M/s Kamani Bros. Pvt. Ltd. and M/s Kes Bros. was valid. The Tribunal recognized the sincere and diligent efforts made by the assessee to recover the debts from both parties, which were ultimately unsuccessful despite legal actions taken. The Tribunal concluded that the bad debt claim amounting to Rs. 1,31,471 was allowable for both parties based on the evidence presented and the efforts made by the assessee. en-us Mon, 01 Feb 1988 00:00:00 +0530 Wed, 22 Dec 2010 11:58:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58789 The Tribunal allowed the appeal in favor of the assessee, holding that the claim of bad debt for both M/s Kamani Bros. Pvt. Ltd. and M/s Kes Bros. was valid. The Tribunal recognized the sincere and diligent efforts made by the assessee to recover the debts from both parties, which were ultimately unsuccessful despite legal actions taken. The Tribunal concluded that the bad debt claim amounting to Rs. 1,31,471 was allowable for both parties based on the evidence presented and the efforts made by the assessee. Case-Laws Income Tax Mon, 01 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58789