{"id":598,"date":"2010-07-19T09:48:12","date_gmt":"2010-07-19T09:48:12","guid":{"rendered":"http:\/\/www.itatonline.org\/info\/?p=598"},"modified":"2010-07-22T08:27:47","modified_gmt":"2010-07-22T08:27:47","slug":"brokers-bad-debts-allowable-us-361vii-shreyas-s-morakhia","status":"publish","type":"post","link":"https:\/\/itatonline.org\/info\/brokers-bad-debts-allowable-us-361vii-shreyas-s-morakhia\/","title":{"rendered":"Broker\u2019s Bad Debts Allowable U\/s 36(1)(vii)"},"content":{"rendered":"<p>In <strong>Shreyas S. Morakhia<\/strong> the Special Bench has answered the question whether a share broker is entitled to deduction of bad debts u\/s 36(1)(vii) r.w.s. 36(2) in favour of the assessee. <\/p>\n<div class=\"journal4\">The judgement is available <strong><a href=\"https:\/\/bit.ly\/BadDebt\">here<\/a><\/strong>.\n <\/div>\n<div class=\"journal2\">\nSee Also <strong><a href=\"https:\/\/itatonline.org\/archives\/index.php\/cit-vs-bonanza-portfolio-delhi-high-court-share-broker-is-eligible-to-claim-bad-debts-us-36-1-vii-36-2\">Bonanza Portfolio<\/a><\/strong> 320 ITR 178 (Del) &#038; <strong><a href=\"https:\/\/itatonline.org\/archives\/index.php\/cit-vs-db-india-securities-delhi-high-court\">DB (India) Securities<\/a><\/strong> 187 Taxman 161 (Del) where the same view has been taken by the Delhi High Court.  <\/div>\n","protected":false},"excerpt":{"rendered":"<p>In <strong>Shreyas S. Morakhia<\/strong> the Special Bench has answered the question whether a share broker is entitled to deduction of bad debts u\/s 36(1)(vii) r.w.s. 36(2) in favour of the assessee.<\/p>\n<div class=\"read-more\"><a href=\"https:\/\/itatonline.org\/info\/brokers-bad-debts-allowable-us-361vii-shreyas-s-morakhia\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_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":[1,8],"tags":[],"class_list":["post-598","post","type-post","status-publish","format-standard","hentry","category-all-information","category-itat-related"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts\/598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/comments?post=598"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts\/598\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/media?parent=598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/categories?post=598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/tags?post=598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}