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Disallowance u/s 36(l)(vii) r.w.s. 36(2) - bad debts written off ...

Case Laws     Income Tax

September 26, 2019

Disallowance u/s 36(l)(vii) r.w.s. 36(2) - bad debts written off in the P & L account - Writing off of sums which represent money lent in the ordinary course of business is allowed as deduction.

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