Dismissing the appeal of the revenue the Court held that ;Mere write off is sufficient and it is not necessary to establish that debt had become irrecoverable. ( AY.2007 -08)
CIT v. Vishal Transformers And Switchgears Pvt. Ltd. (2018) 405 ITR 266 (All) (HC)
S.36(1)(vii) :Bad debt – Mere write off is sufficient and it is not necessary to establish that debt had become irrecoverable.