The Commissioner of Income tax III, vs. Biraj Kavar Galada
The appeals are disposed of
ITTA/98/2010HC Telangana29 Feb 2016
Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY
Section 115JSection 14ASection 260Section 36(1)(vii)Section 36(2)(i)Section 43D
43D of the
Act and Section36(1)(vii) read with Section
36(2)(i) of the Act which contemplated
treating the said amount as income of the
4
assessee especially when the same had not
been written off as bad debts and the RBI
guidelines
could
not
prevail
over
the
statutory provisions of the Act?
2.
ITA No.100/2010 has also
