No sec. 41(1) addition in absence of fact that deduction was allowed for bad & doubtful debts; SLP dismissed

IT : SLP dismissed against High Court ruling that where revenue had not established that excess provision for bad and doubtful debts allowable under section 36(1)(viia) written back in profit and loss account was allowed as deduction in previous years, no addition could be made holding that excess provision written back amounted to income within meaning of section 41(1)

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