Where the assessee wrote off advances given in earlier years in the course of its business which could not be recovered, and the genuineness of the advances was not doubted by the Revenue, the books of account having also been audited by the statutory auditors, the High Court held that considering the total income of more than Rs. 30 crores and the net amount written off of only Rs. 7.66 lakhs, the write-off of such small amounts was reasonable and the Tribunal was justified in allowing the assessee’s claim under section 36(1)(vii).(AY. 2010-11).