Bad debts - Inter Corporate Deposit (ICD) - once interest income ...
Case Laws Income Tax
January 9, 2013
Bad debts - Inter Corporate Deposit (ICD) - once interest income has been taxed as business income, and the assessee has written off this amount as irrecoverable, the same has to be allowed as bad debt under section 36(1)(vii) r/w section 36(2) - AT
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