TMI Blog2019 (6) TMI 1001X X X X Extracts X X X X X X X X Extracts X X X X ..... around ₹ 3.00 lakhs. Hence, in view of the circular, we do not propose to answer this question of law and we reserve it for some other fit case. Bad debts written off - contention of the Revenue is that the Assessee failed to prove that the amount written off by them had really become a bad debt - AO held that there was no proof to show that what was written off had already become a bad d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r Section 260-A of the Income Tax Act, 1961, raising the following two substantial question of law: 1. Whether, on the facts and in the circumstances of the case, the Tribunal is correct in law in deleting the addition made by the assessing officer under section 40 (a) (ia) in respect of the payments made to the C F Agents towards ocean freight charges and IHC charges paid in c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e is that the Assessee failed to prove that the amount written off by them had really become a bad debt. The Assessing Officer held that there was no proof to show that what was written off had already become a bad debt. 5. But, in T.R.F. Limited v. Commissioner of Income Tax (2010) 323 ITR 397 , the Supreme Court has clarified that after the amendment of Section 36 (1) (vii ..... X X X X Extracts X X X X X X X X Extracts X X X X
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