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2019 (2) TMI 367 - ITAT INDOREDisallowance of bad debt claimed - Held that:- There is no dispute with regard to the fact that the assessee has written off the debt and it is also not in dispute that proceedings against the NSEL is pending before the courts. Therefore, following the ratio laid down by the Hon'ble Supreme Court in the case of M/s. TRF Limited Vs. CIT (2010 (2) TMI 211 - SUPREME COURT), we direct the A.O. to allow the claim of bad debt. - Decided in favour of assessee Disallowing the deduction u/s 80C in respect of PPF contribution - Held that:- No argument is made by the Ld. Counsel for the assessee and he has not pointed out as what was the claim before the authorities below, therefore, in the absence of the same, this ground of the assessee’s appeal is rejected.
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