Delhi HC allows entire Training Expenses on Skill Development

PCIT Vs VE Commercial Vehicles Ltd (Delhi High Court)

Introduction: The Delhi High Court, in the case of PCIT vs VE Commercial Vehicles Ltd for Assessment Year (AY) 2011-12, addressed two key issues. This article delves into the court’s ruling, emphasizing the deduction claimed by the assessee regarding bad debts and training expenses.

Detailed Analysis:

1. Bad Debts Issue (Section 36(1)(vii) and 36(2)):

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