Income Tax Addition on bad and doubtful debts: SC rules in favour of Gillette India [Read Order]

SC rules in favour of Gillette India in the matter arising from a ruling concerning the income tax addition on bad and doubtful debts
debts - Income Tax Addition - Income Tax - SC - Gillette India - SC rules in favour of Gillette India - taxscan

The Supreme Court of India ruled in favour of Gillette India in the matter arising from a ruling concerning the income tax addition on bad and doubtful debts. One of the issues before the Rajasthan High Court was regarding whether the addition of Rs.3,02,29,057/- made under Section 36(1) (vii) on account of provisions of bad…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1599 + GST for 1 year

Subscribe Now

taxscan-loader