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Income Tax - Highlights / Catch Notes

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Disallowance claimed as bad debt/business loss - rejection of ...

Case Laws     Income Tax

February 21, 2023

Disallowance claimed as bad debt/business loss - rejection of goods in inferior quality by the customers - simply because the customer of the assessee did not respond to notice u/s 133(6) of the Act the mail sent by the customer to the assessee rejecting the goods worth supplied for poor quality cannot be ignored and disbelieved only for the reason that the party did not respond to the notice issued by the AO. - AT

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