Bad debts in respect of chit groups - Bad debts can be allowed ...
Chit Group Bad Debts Allowed for Defaulted Installments Written Off by Prized Subscribers u/s 36(1)(vii.
May 9, 2013
Case Laws Income Tax AT
Bad debts in respect of chit groups - Bad debts can be allowed to the extent of instalments defaulted by the prized subscribers and written off as bad debt - AT
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