TMI BlogDisallowance of bad debt written off - assessee knowing to fact that its business going to discontinue...Disallowance of bad debt written off - assessee knowing to fact that its business going to discontinue from immediate subsequent year deliberately written off good debtor as bad debt in the books to reduce the tax liability - If the assessee was to avail the benefit of the provisions of law by using the colorable device, the same cannot be allowed to the assessee. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
