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2009 (1) TMI 56 - HC - Income TaxDeduction claimed on account of a bad debt u/s 36(1)(vii)- condition precedent for allowance - it is for the assessee to demonstrate that the deduction he desires to seek is on account of a bad debt, secondly, that the debt was written off as irrecoverable, and thirdly, it should have been written off as an irrecoverable debt in the previous year – since there is no evidence that transaction was the same as to earlier one, principle of res judicata cannot be applied
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