https://www.taxtmi.com/caselaws?id=243968 The High Court upheld the Tribunal's decision in the case, confirming the allowance of a bad debts claim after rectification. The Tribunal rectified its initial order based on the TRF Limited case law, which stated that establishing irrecoverability was not necessary after April 1, 1989. The Court found that the Tribunal correctly applied the law and dismissed the Revenue's appeal, concluding that no question of law was raised. en-us Mon, 27 Jan 2014 00:00:00 +0530 Fri, 14 Feb 2014 11:21:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243968 The High Court upheld the Tribunal's decision in the case, confirming the allowance of a bad debts claim after rectification. The Tribunal rectified its initial order based on the TRF Limited case law, which stated that establishing irrecoverability was not necessary after April 1, 1989. The Court found that the Tribunal correctly applied the law and dismissed the Revenue's appeal, concluding that no question of law was raised. Case-Laws Income Tax Mon, 27 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243968