https://www.scconline.com/blog/post/2022/08/30/assessee-cannot-claim-deduction-by-merely-stating-bad-debt-irrecoverable-debt-appropriate-treatment-in-accounts-income-tax-act-supreme-court-legal-updates-research-news/
Assessee cannot claim deduction by merely stating a bad debt as an irrecoverable write off without appropriate treatment in the accounts and non-compliance with Income Tax Act provisions: SC