To claim bad debts,assessee need not prove that debt has actually become bad

To claim bad debts,assessee need not prove that debt has actually become bad Posted: 08 Sep 2012 07:44 PM PDT Thus, as per the decision of Hon'ble Apex Court, for claiming the deduction of bad debts, the assessee need not prove that the debt has actually become bad. Mere writing off in the books of account is enough. In the case under appeal before us, the assessee has explained that the above amounts were... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Service tax on Vocational education/training courses Posted: 07 Sep 2012 09:15 PM PDT TRU has issued a Circular No. 164/15/2012-ST dated August 28, 2012 clarifying certain issues in relation to levy of service tax on certain vocational education/training/ skill development courses (VEC) offered by the Government (Central Government or State Government) or local authority themselves... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Exclusion of certain topics from the Paper-7A/6A of IPCC/PCC – Information Technology from November, 2012 examination & onwards Posted: 07 Sep 2012 09:34 AM PDT This is to inform all students that while reviewing topics included in the Paper-7A/6A of  IPCC/PCC  – Information Technology, it is observed  that  some of the topics are not at all  relevant in the present day context and thus it has been decided that no question be asked from such topics... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Non-applicability of taxable services in PCE-, IPCE & CA Final for November, 2012 examinations Posted: 06 Sep 2012 09:00 PM PDT Non-applicability of taxable services in PCE-Paper 5: Taxation, IPCE-Paper 4: Taxation and Final-Paper 8: Indirect Tax Laws for November, 2012 examinations The Examination Committee at its 497th meeting held in September, 2012 has decided that students appearing in November 2012 examinations will...