Unutilized CENVAT and Service Tax credit written off - Bad debts ...

Case Laws Income Tax

July 7, 2022

Unutilized CENVAT and Service Tax credit written off - Bad debts u/s 36(1)(vii) r.w. Section 36(2) - assessee has not been able to bring anything on record to establish that the unutilized CENVAT and Service Tax credit amount in question had become irrecoverable during the year under consideration so that the same can be allowed as business loss in that year. - No deduction - AT

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Unutilized CENVAT and Service Tax credit written off - Bad debts ...

Case Laws Income Tax

July 7, 2022

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