Deduction towards bad debts written off available as part of sales amount not received

Husk Power Systems Pvt. Ltd. Vs DCIT (ITAT Delhi)

ITAT Delhi held that assessee would be entitled for deduction on account of bad debts written off as part of the sales amount is not received.

Facts- AO observed that the assessee had debited an amount of Rs 13,87,981/- on account of bad debts written off in the profit and loss account and claimed the same as deduction in the return of income. The assessee vide order sheet entry dated 17.10.2016 was required to submit the d

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