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I.TA. NO.1435/KB OF 1973-74, DECIDED ON 25TH NOVEMBER 1974. versus I.TA. NO.1435/KB OF 1973-74, DECIDED ON 25TH NOVEMBER 1974.


Section 10 (2) (xi) A review of a bad debt, a bank's litigation to recover a debt debt, cannot be written off and cannot be assessed as deducted by the Assisi. Can be claimed. Section 10 (2) (xi) Bad Debt Debt, which is timely and legally binding. Section 10 (2) (xi) Bad loans where one ray of hope of obtaining a loan will not be deducted will be an acceptable deduction Section 10 (4) (d) Procurement Assissee, a bank for whose residential purpose it is The employee of the property was occupied by the bank does not incur any expense on providing residential accommodation to the employees. Such modest annual rental cost of such property cannot be counted.

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