Sec. 28 & 36(1)(vii) of Income Tax Act, 1961—Bad Debts— Decision to treat a debt as a bad debt is a commercial or business decision of the assessee and recording of a debt as a bad debt in his books of accounts by the assessee prima facie establishes that it is a bad debt and if the AO disputes that the onus would be on him to prove otherwise- Debt in case of assessee had been written off as irrecoverable in the accounts of the assessee, thus, there is compliance to the requirement of Section 36(1)(vii) and the amount covered by the bad debts would be entitled to be deducted vide computing income under Section 28. - PR. CIT V/s HYBRID FINANCIAL SERVICES LTD. - [2020] 426 ITR 358 (BOM)