https://www.taxtmi.com/caselaws?id=76517 The High Court dismissed the appeal filed by the Revenue under section 260A of the Income-tax Act, 1961 against the order of the Income-tax Appellate Tribunal. The issue revolved around the disallowance of a sum marked as bad debt by the assessee while computing book profit under section 115JB of the Act. The High Court, after considering the arguments and legal precedents, found no substantial question of law requiring its decision as the matter was settled by a Supreme Court judgment. Therefore, the High Court concluded that the appeal lacked merit and upheld the decision of the Income-tax Appellate Tribunal. en-us Wed, 23 Jan 2008 00:00:00 +0530 Wed, 30 Jan 2013 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76517 The High Court dismissed the appeal filed by the Revenue under section 260A of the Income-tax Act, 1961 against the order of the Income-tax Appellate Tribunal. The issue revolved around the disallowance of a sum marked as bad debt by the assessee while computing book profit under section 115JB of the Act. The High Court, after considering the arguments and legal precedents, found no substantial question of law requiring its decision as the matter was settled by a Supreme Court judgment. Therefore, the High Court concluded that the appeal lacked merit and upheld the decision of the Income-tax Appellate Tribunal. Case-Laws Income Tax Wed, 23 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76517