{"id":35809,"date":"2023-08-27T18:24:33","date_gmt":"2023-08-27T12:54:33","guid":{"rendered":"https:\/\/itatonline.org\/digest\/tamil-nadu-generation-and-distribution-corporation-ltd-v-acit-2022-217-ttj-108-213-dtr-313-chennai-trib\/"},"modified":"2023-08-27T18:24:33","modified_gmt":"2023-08-27T12:54:33","slug":"tamil-nadu-generation-and-distribution-corporation-ltd-v-acit-2022-217-ttj-108-213-dtr-313-chennai-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/tamil-nadu-generation-and-distribution-corporation-ltd-v-acit-2022-217-ttj-108-213-dtr-313-chennai-trib\/","title":{"rendered":"Tamil Nadu Generation and Distribution Corporation Ltd. v. ACIT (2022) 217 TTJ 108\/ 213 DTR 313 (Chennai) (Trib)"},"content":{"rendered":"<p>Where the assessee made a provision for bad and doubtful debt on an ad-hoc basis in accordance with the statute dealing with the business of the assessee then the same is not allowable as a deduction since it is at most an unascertained liability and it is not clear for which particular account the provision is made. (AY: 2006-2007)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 36(1)(viia) : Bad debt-Provision for bad and doubtful debts-Schedule bank-Mere provision of bad and doubtful debts when the same is made on an ad hoc basis will not constitute a write-off to claim deduction.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-35809","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9jz","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=35809"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35809\/revisions"}],"predecessor-version":[{"id":35810,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35809\/revisions\/35810"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}