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TMI Blog2019 (2) TMI 367X X X X Extracts X X X X X X X X Extracts X X X X ..... eal by the assessee is directed against order of the CIT(A), Ujjain dated 16.6.2017 pertaining to the assessment year 2014-15. The assessee has raised following grounds of appeal: 1. The CIT(A) erred in confirming disallowance of bad debts of Rs. 1,63,43,622/-. 2. The Ld. CIT(A) erred in not allowing the deduction u/s 80C in respect of PPF contribution. 3. The order of Ld. CIT(A) is obviou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3,43,622/- as claimed on the basis that such claim is premature. 3. Aggrieved by this, the assessee preferred an appeal before the Ld. CIT(A), who after considering the submissions confirmed the disallowance of bad debt. Now assessee is in further appeal. 4. Ground No.1 is against disallowance of bad debt claimed. Ld. Counsel for the assessee reiterated the submissions as made in the written sub ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... um is made through the court, which has been duly offered for tax, therefore, it cannot be said that the amount has not become bad. 6. We have heard the rival submissions, perused the materials available on record and gone through the orders of the authorities below. the Hon'ble Supreme Court in the case of M/s. TRF Limited Vs. CIT (supra) has held as under: "For the sake of clarify, we reprodu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ecessary for the assessee to establish that the debt, in fact, has become irrecoverable. It is enough if the bad debt is written off as irrecoverable in the accounts of the assessee. However, in the present case, the Assessing Officer has not examined whether the debt has, in fact, been written off in the accounts of the customer's account is credited, thus, closing the account of the customer. In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f bad debt. 8. Apropos to Ground No.2, 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. 9. Ground No.3 is general in nature and needs no separate adjudication. 10. In the result, appeal filed by the assessee is partly allo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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