2014 (4) TMI 555

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Per G. D. Agrawal, VP : This appeal by the Revenue is directed against the order of learned CIT(A)-XIII, New Delhi dated 31st July, 2013 for the AY 2007-08. 2. The grounds raised by the Revenue read as under:- "1. On the facts and circumstances of the case and in law, the CIT(A) has erred in deleting the addition of Rs.11,53,897/- made on account of provision of doubtful debts. 2. O....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ame to the profit & loss account which was by mistake written as 'provision for doubtful debts'. The Assessing Officer did not accept the assessee's contention with the following finding:- "Further, the contention of the assessee that no provision was made during the year and Rs.11,53,897/- were actually been written off but by typographical error the same is written as "provision for doubtful ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... find any infirmity in the order of learned CIT(A). Before the Assessing Officer, the assessee clearly mentioned that the amount of Rs. 11,53,897/- is actually written off and, by mistake, the same was written as provision for bad debts. The Assessing Officer rejected the assessee's claim simply stating that this ground is not acceptable, as at the time of original assessment proceedings, the asse....