Writing off the bad debt by itself is enough to claim deduction of bad debt u/s 36(2)

All Grow Finance And Investment Pvt. Ltd. Vs CIT (Delhi High Court)- Only condition laid down in second part of sub-section 2 of Section 36 of the Act is that the amount should be advanced in the ordinary course of business which by itself proves its revenue nature and no further conditions are required to be satisfied which are only applicable with regard to debt qualifying as bad debt in the first part of sub-section 2. We are of the view that revenue is not justified in holding that the amount of Rs. 34,95,000/- was not allowable as bad debt

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