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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Bad debts - assessee was entitled to, as dividend from another ...


ITAT Approves Bad Debt Claim After Dividend Cheque Dishonored, Allowing Assessee Tax Relief.

January 9, 2019

Case Laws     Income Tax     HC

Bad debts - assessee was entitled to, as dividend from another company, which was returned as income on receipt of a cheque, which subsequently got dishonoured - ITAT correctly allowed the claim.

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