Bank branch classification as ‘Rural’ or ‘Urban’ – Writing off ...

Bank Branch Classification Affects Bad Debt Write-Offs u/s 36(1)(viia) of Income Tax Act.

August 24, 2013

Case Laws Income Tax AT

Bank branch classification as ‘Rural’ or ‘Urban’ – Writing off bad debts under section 36(1)(viia) – A bad debt cannot be refused merely because of assessing officer's perception collateral securities should have been taken - AT

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Bank branch classification as ‘Rural’ or ‘Urban’ – Writing off ...

Bank Branch Classification Affects Bad Debt Write-Offs u/s 36(1)(viia) of Income Tax Act.

August 24, 2013

Case Laws Income Tax AT

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