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claiming deduction other sources.

160 views 2 replies
Amy judgements available, for claiming bad debts from other sources as setoff.

Income from interest was offered to tax on accrual basis in earlier years, however the same will not be reveived.

so, can one offset his bad debts against income from other sources in the current year.

thank you.
Abhishek s kothari
Replies (2)
No such provision
exactly, there is no such provision. hence I asked for judgement.
I have one high court judgement in favour, however need more


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