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2019 (6) TMI 1001 - TELANGANA AND ANDHRA PRADESH HIGH COURTAddition u/s 40 (a) (ia) - payments made to the C & F Agents towards ocean freight charges and IHC charges paid in connection with shipment through the non-resident shipping Co. - HELD THAT:- The amount of disallowance u/s 40 (a) (ia). Therefore, the tax effect will be around ₹ 3.00 lakhs. Hence, in view of the circular, we do not propose to answer this question of law and we reserve it for some other fit case. Bad debts written off - contention of the Revenue is that the Assessee failed to prove that the amount written off by them had really become a bad debt - AO held that there was no proof to show that what was written off had already become a bad debt - HELD THAT:- In T.R.F. Limited v. Commissioner of Income Tax [2010 (2) TMI 211 - SUPREME COURT] has clarified that after the amendment of Section 36 (1) (vii) with effect from 01.04.1989, it is not necessary to establish that the debt in fact had become irrecoverable. Therefore, the second substantial question of law does not survive in the light of the said decision of the Supreme Court.
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