https://www.taxtmi.com/caselaws?id=206149 The High Court dismissed the Revenue's appeal against the Tribunal's orders, upholding the deletion of the addition of bad debts and the rebate allowed to M/s. Attar Singh and Co. The Tribunal's decisions were supported by evidence, with the Third Member noting the genuine irrecoverability of debts due to adverse business conditions caused by prohibition. The Tribunal found the identity of M/s. Attar Singh and Co. established, justifying the deletion of the rebate addition. Substantial questions of law favored the assessee, affirming the Tribunal's rulings. en-us Tue, 07 Dec 2010 00:00:00 +0530 Fri, 14 Oct 2011 23:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206149 The High Court dismissed the Revenue's appeal against the Tribunal's orders, upholding the deletion of the addition of bad debts and the rebate allowed to M/s. Attar Singh and Co. The Tribunal's decisions were supported by evidence, with the Third Member noting the genuine irrecoverability of debts due to adverse business conditions caused by prohibition. The Tribunal found the identity of M/s. Attar Singh and Co. established, justifying the deletion of the rebate addition. Substantial questions of law favored the assessee, affirming the Tribunal's rulings. Case-Laws Income Tax Tue, 07 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206149