Actual written off of bad and doubtful debts not hit by clause (i) of explanation to section 115JB

Featherlite Office Systems Pvt Ltd Vs DCIT (ITAT Bangalore)

ITAT Bangalore held that the addition of provision of bad and doubtful debts as per P&L account to determine the book profits u/s. 115JB of the act is not warranted as actual write off would not be hit by clause (i) of explanation to section 115JB.

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