#section 36(1)(vii)
Log in to FollowEvery article filed under the “section 36(1)(vii)” tag — analysis, news and updates.
125 articlesIncome Tax
Income Tax
Loss due to embezzlement by employees allowable as deduction u/s 28
Income Tax
Income Tax
Section 36(1)(vii) doesn’t require to establish that debts have become bad before writing off
Income Tax
Income Tax
Revisionary proceedings u/s 263 justified if no proper inquiry by AO
Income Tax
Income Tax
Amount received mistakenly and returned back with interest is allowable as deduction u/s 37
Income Tax
Income Tax
Delay in filing cross objection without plausible explanation cannot be condoned
Income Tax
Income Tax
ITAT Allows Deduction for NPS Bad Debts Declared Pre-01.04.2006 by Co-op Bank
Income Tax
Income Tax
Deeming fiction of section 50C doesn’t apply in case of purchaser
Income Tax
Income Tax
Deduction towards bad debts written off available as part of sales amount not received
Income Tax
Income Tax
Disallowance u/s 36(1)(iii) unsustainable as advance given during normal course of business
Income Tax
Income Tax
Proviso to section 36(1)(vii) cannot be applied for disallowing deduction claimed on bad debts relating to non-rural advances
Income Tax
Income Tax
Bad debts relating to non-rural branches are allowable u/s 36(1)(vii)
Income Tax
Income Tax
Benefit of deduction of 7.5% of total income available to co-operative banks u/s. 36(1)(viia)
Income Tax
Income Tax
Reopening based on assessment record without tangible material is unsustainable
Income Tax
Income Tax
