Bad debt Actually Written Off is sufficient to claim allowance, there is no need to prove Debt as irrecoverable

Issue: Whether Bad debt written off in the books of Assessee is allowed as deduction where irrecoverability is not proved?

Sections Involved:

Section 36(1 )(vii) (relavant wording of the section: the amount of any bad debt or part thereof which is written off as irrecoverable in the accounts of the assessee for the previous year)

 Appeal by Assessee before ITAT: (Relev

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