Bad debts - assessee does not fulfill the conditions mandated in ...

Assessee's Bad Debt Write-Off Allowed After Landlord Refuses Security Deposit Return; Sections 36, 28, 37 Applied.

December 17, 2018

Case Laws Income Tax AT

Bad debts - assessee does not fulfill the conditions mandated in section 36(2) r.w.s 36(1)(vii) - However, the write off became imminent because the landlord declined to refund the security deposit. The write off has to be considered in the light of provisions of section 28 r.w..s 37 - Claim allowed.

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Bad debts - assessee does not fulfill the conditions mandated in ...

Assessee's Bad Debt Write-Off Allowed After Landlord Refuses Security Deposit Return; Sections 36, 28, 37 Applied.

December 17, 2018

Case Laws Income Tax AT

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