Gujarat Gas Financial Versus Income Tax Officer - Income Tax - ITAT AHMEDABAD - Tri - Bad debts written off Hire purchase business transaction - Held that - Following assessee s own case for A.Y. 2004-05 - Claim of assessee of bad debt in respect of its business of hire purchase is in favour of assessee - Decided in favour of assessee. Bad debts written off Bill discounting and inter-corporate deposits - Held that - Following M/s. Mafatlal Industries and Precision Fasters for bills discounti................................... Income Tax - Case Laws
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