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2015 (10) TMI 1390 - ITAT AHMEDABADBad debts claim - CIT(A) allowed the claim - Held that:- We find that the issue of allowability of bad debts is covered in favour of the assessee with the decision in TRF Ltd. Vs. CIT (2010 (2) TMI 211 - SUPREME COURT) and Girish Bhagwatprasad [1999 (9) TMI 5 - GUJARAT High Court] . We find that the CIT(A) has rightly followed the decision of the Hon’ble Gujarat High Court in Girish Bhagwatprasad (supra) wherein held that once it is established that the assessee has written off the business debt, it is not necessary to establish that the said debt had become bad. The fact that the assessee has written off the amount of debt in its account books, has not been doubted by the Revenue. In these facts, following the decisions of the Hon’ble Apex Court and Hon’ble jurisdictional High Court, we decide the issue in favour of the assessee
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