Allowances in assessing business income-Bad and doubtful debts -Bad debts of banks.

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..... Subject:- Allowances in assessing business income-Bad and doubtful debts -Bad debts of banks. With reference to the correspondence ending with your letter No. 2880 dated the 18th August, 1949, I am .....

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..... particular debt (or a part of it) has become irrecoverable are placed before the I.T.O., the I.T.O. might take a reasonable view of the evidence before reaching his finding. As far as the Board are a .....

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