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2014 (11) TMI 1221 - AT - Income TaxBad debts claimed/advances written off - A.O. disallowed on the reason that evidence was not provided to show why the advances/ bad debts had been written off - CIT-A deleted the addition - HELD THAT:- It is not a case where assessee has not furnished the details before A.O. However, A.O. disallowed on the reason that assessee has not justified why the amounts are written off. Ld. CIT(A) examined the details and found that most of them are advances in the course of business paid over to more than 200 people and since the amounts are written off in the books of accounts they are eligible for deduction. Both on facts as well as on law, order of CIT(A) is to be upheld. There is no merit in Revenue grounds.
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