Deductions for Bad Debts u/s 36(1)(viia) Limited by Rule 6ABA to Prevent Double Claims.

Deduction u/s 36(1)(viia) - double deduction - The assessee might provide for bad and doubtful debts but the deduction would only be allowed at the percentage of aggregate average advance, computation of which is prescribed by Rule 6ABA. - HC .....

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