Addition of provision of doubtful debts to book profit u/s. 115JB not sustained

Schindler India Private Limited Vs DCIT (ITAT Mumbai)

ITAT Mumbai held that trade receivable shown as net of provision for doubtful debts would not be hit by section 115JB(i) of the Income Tax Act. Accordingly, addition of provision of bad and doubtful debts to book profits computed u/s. 115JB not sustained.

Facts- Vide the present appeal, the assessee has challenged the action of the AO as confirmed by the DRP in terms of addition of provision of bad and doubtful debts to the books profits computed u/s. 115JB of the Act.

The assessee has also sought

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