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1961 (12) TMI 88 - ANDHRA PRADESH HIGH COURTExtract: ....... The Tribunal has held that it could not be considered as a debt much less a bad debt in the circumstances of the case. We do not think that this Tribunal was wrong in holding so. On the above discussion, it follows that the question referred must be answered in the negative. We answer accordingly. The assessee will pay the costs of the department.
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