2008 (3) TMI 248 - HC - Income Tax

Whether ITAT was right in deleting the disallowance made on account of bad debts written off though assessee failed to furnish evidences of debts becoming bad - Learned counsel for the appellant has very fairly stated that the aforesaid identical questions have already been decided by this Court against the revenue in 2008 - TMI - 31087 - PUNJAB AND HARYANA HIGH COURT titled as Commissioner of Income Tax Faridabad vs. M/s Septu India (P) Ltd. Begumpur Khatola Gurgaon decided on 6.2.2008 - no substantial question of law survives - this revenue s appeal is without any merit and the same is dismissed

Summary

The High Court of Punjab and Haryana dismissed the revenue's appeal against the ITAT order for the assessment year 1998-99. The court declined to entertain the appeal as similar questions had been decided against the revenue in previous cases. The appeal was dismissed as without merit.