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2008 (8) TMI 140 - HC - Income TaxAO disallowing the deduction claimed in respect of bad debts - It is a settled position of law that the assessee does not have to establish the bad debt and he merely has to indicate that the bad debt was written off in his books in the year in question. That has already been done – therefore, deduction is allowable u/s 36(1)(vii) – revenue’s appeal dismissed
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