Delhi H.C : For an assessee to claim deduction in relation to bad debts it is now no longer necessary for assessee to establish that debt had become irrecoverable; and it is sufficient if assessee forms such an opinion and writes off debt as irrecoverable in its accounts

High Court Of Delhi CIT-III vs. Samara India (P.) Ltd. Section : 36(1)(Vi) Badar Durrez Ahmed And Vibhu Bakhru, JJ. IT Appeal No. 45 Of 2013 May  10, 2013 JUDGMENT Vibhu Bakhru, J. – This is an appeal preferred by the revenue under Section 260A of the Income-tax Act, 1961 (hereinafter referred to as “the Act”)…

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