Allowance of bad debt depends on how it is reflected in accounts

Advocate Akhilesh Kumar Sah

The allowance of the claim of provision for bad debt is dependent upon how it is reflected in the Balance Sheet and its accounts , disallowing deduction by intimation under section 143(1)(a) of claim of bad debts is not proper: Rules Bombay High Court in Bajaj Auto Finance case

According to provisions contained in section

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