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2010 (11) TMI 1046 - AT - Income TaxExtract: .......t is not necessary for the assessee to prove that the debt became bad in this year. The AO has not challenged that the action of write off is not bona fide. Therefore, it is held that the assessee is entitled to deduction of this amount. 5. In the result, the appeal is dismissed. 6. This order was pronounced in the open court on 8th November, 2010.
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