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Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1985 (7) TMI HC This

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1985 (7) TMI 60 - HC - Income Tax

The High Court dismissed the Commissioner of Income-tax's application seeking mandamus in a case where the assessee claimed a deduction of Rs. 75,000 as a bad debt due to the inability to recover the amount from a sick textile undertaking under the Sick Textile Undertakings (Nationalisation) Act, 1974. The Tribunal found no legal question and upheld the deduction. The application was dismissed with no costs.

 

 

 

 

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