ITAT remanded case of bad debts on amount receivable from brokers due to suspension of trade on NSEL platform

IT : Where on account of suspension of trading activity on NSEL platform, assessee claimed certain amount receivable from two brokers against unrealised contracts in commodities as bad debts, since said amount had been written off in books of account and moreover, it had been taken into account while computing taxable income of assessee, authorities below were not justified in straightaway rejecting assessee's claim

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