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![Bad Debts Written Off is deductible if the same has been taken into account in computing the income of the assessee in previous years: Kerala HC [Read Judgment] Bad Debts Written Off is deductible if the same has been taken into account in computing the income of the assessee in previous years: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/10/Debt-Taxscan.jpg)
Bad Debts Written Off is deductible if the same has been taken into account in computing the income of the assessee in previous years: Kerala HC [Read Judgment]
In Stockpoint Share Services Private Ltd v. ACIT, Justices Antony Dominic and Dama Seshadri Naidu of Kerala High Court held that in order claim...