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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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...