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2023 (3) TMI 927 - HC - Income TaxClaim of bad debts - substantial question of facts or law - claim found unacceptable by the Tribunal, inasmuch as explanation given by the appellant/assessee was vague and general in nature in respect of five entries, in respect of the remaining entries there was lack of clarity as to the nature of the transaction - HELD THAT:- Whether a debt is a bad debt is a question of fact, which would clear from the Judgment of Travancore Tea Estates Co. Ltd. v. CIT [1997 (12) TMI 10 - SC ORDER] wherein it is held that whether a debt has become bad or the point of time when it became bad are pure questions of fact. Also see case of Bank of Bihar Ltd. [1962 (3) TMI 8 - SUPREME COURT] Thus we find no reason to interfere with the concurrent findings of the Authorities below inasmuch as whether a debt is bad, being essentially a question of fact. As the appellant has not made out any question of law much less substantial question of law, this tax case appeal stands dismissed.
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