ITAT deletes Addition on account of Bad Debts claimed in  Profit and Loss Account [Read Order]

ITAT - deletes Addition on account - Bad Debts claimed in Profit and Loss Account - TAXSCAN

The Pune bench of Income Tax Appellate Tribunal (ITAT) has recently deleted the addition on account of bad debts claimed in  Profit and loss account. The Assessee Navyug Cotton Company filed an appeal before the tribunal against the order of  Commissioner of Income Tax (Appeals)[CIT(A)] in National Faceless Appeal Centre under Section 250 of the…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here
taxscan-loader