Allowance of bad debts - Provision made was pre-matured - It was ...

Provision for Bad Debts Denied as Expenditure: Classified as Contingent Liability under Income Tax Act.

January 17, 2014

Case Laws Income Tax AT

Allowance of bad debts - Provision made was pre-matured - It was only contingent liability or notional loss which could not be allowed as an expenditure under provisions of I.T Act - AT

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Allowance of bad debts - Provision made was pre-matured - It was ...

Provision for Bad Debts Denied as Expenditure: Classified as Contingent Liability under Income Tax Act.

January 17, 2014

Case Laws Income Tax AT

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