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Income Tax - Highlights / Catch Notes

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Disallowing the claim of bad debts written off in respect of ...

Income Tax

January 17, 2018

Disallowing the claim of bad debts written off in respect of debts pertaining to Jute division - the assets of jute division representing sundry debtors had been merged with the sundry debtors of tea division of the assessee company - assessee is entitled for deduction u/s 36(1)(vii) - AT

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