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TMI BlogBad debts - It is understandable that assessee was constrained to write off the advances as the same...Bad debts - It is understandable that assessee was constrained to write off the advances as the same were not recoverable on account of losses suffered by the subsidiaries and in some of the cases on account of liquidation proceedings - claim allowed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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