TMI BlogBusiness loss u/s 28/37(1) - write off/bad debt - advances /bad debt written off in respect of 22...Business loss u/s 28/37(1) - write off/bad debt - advances /bad debt written off in respect of 22 parties - In view of the discussion and relying on the decisions cited (supra), we are of the considered opinion that the claim of the assessee has to be allowed as business loss u/s 28/37(1) of the IT Act. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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