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2011 (10) TMI 462 - MADRAS HIGH COURTBad Debt - dis-allowance - appellant, agent of non resident shipping company - Held That:- Tribunal has correctly considered that the assessee, being the agent of the non-resident tax payer, when it had paid the tax, the same cannot be claimed as a bad debt. The tax itself has been recovered lawfully in accordance with the provision of Section 173. See Abdullabhai Abdulkadar (1960 - TMI - 49539 - SUPREME Court), Indian Aluminum Co.(1971 - TMI - 6229 - SUPREME Court) - Decided in favor of Revenue
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