Kerala High Court: Closing Individual Debtor Accounts Not Mandatory for Bad Debt Deduction Under Section 36(1)(vii) of the Income Tax Act; Fresh Assessment Directed

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Income Tax Act | Kerala High Court: Revisional Power Under Section 263 Not Attracted When AO Allows Section 32AC Deduction After Proper Inquiry

HIGH COURTS

Income Tax Act | Kerala High Court: Revisional Power Under Section 263 Not Attracted When AO Allows Section 32AC Deduction After Proper Inquiry

Isabella Mariam The High Cou...

Kerala High Court: Closing Individual Debtor Accounts Not Mandatory for Bad Debt Deduction Under Section 36(1)(vii) of the Income Tax Act; Fresh Assessment Directed

HIGH COURTS

Kerala High Court: Closing Individual Debtor Accounts Not Mandatory for Bad Debt Deduction Under Section 36(1)(vii) of the Income Tax Act; Fresh Assessment Directed

Sanchayita Lahkar The High C...