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2019 (5) TMI 1884 - ITAT AHMEDABADAddition of provision for bad and doubtful debts u/s 36(1)(iii) - HELD THAT:- We do not hesitate to conclude that the assessee is entitled to be allowed the provision for bad and doubtful debts on the identical facts and circumstances of the case since it has debited the provision to the Profit and Loss account in respect of doubtful debts and also reduced the same amount in the balance sheet from sundry debtors – trade receivable. Such reduction from sundry debtors amounts to actual write off and hence we are of the considered opinion to delete the addition made by the authorities below. Assessee’s appeal is allowed.
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