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2021 (7) TMI 984 - AT - Income TaxAddition u/s 36 - Excess of the provision for bad and doubtful debts - provision for non-performing asset but actually with the provision has been created for bad and doubtful debts u/s 36 - HELD THAT:- Profit and loss account assessee debited being provision for non-performing assets and being provision for standard assets this shows that the excess of the provision has not been claimed by assessee under section 36(1)(viia) has not been claimed. We therefore do not find any reason for the disallowance to be upheld. Accordingly these grounds raised by assessee stands allowed.
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