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2008 (8) TMI 22 - HC - Income TaxDeduction of bad debt written off - AO disallowed bad debts to the extent of 25% relating to the government telephone department and 15% relating to the other private parties - the logic applied by the AO is curious and not acceptable - assessee is not required to establish that the debt has become bad in the relevant previous year and it is sufficient for the purposes of claiming deduction on account of bad debts that the concerned debt had been written off as irrecoverable in the books.
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