https://www.taxtmi.com/caselaws?id=5063 On a reference limited to whether material supported the Tribunal's factual finding, the SC held that the finding that both debts had become bad before the relevant accounting year was sustainable. The court would not reassess whether that conclusion was the only possible one, because the question was confined to evidentiary support. The long delay after execution of the pronote, no interest being shown in the accounts, no steps taken to recover the amounts, and no execution proceedings on the decree together provided material supporting irrecoverability before the year of account. en-us Mon, 20 Mar 1967 00:00:00 +0530 Wed, 19 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5063 On a reference limited to whether material supported the Tribunal's factual finding, the SC held that the finding that both debts had become bad before the relevant accounting year was sustainable. The court would not reassess whether that conclusion was the only possible one, because the question was confined to evidentiary support. The long delay after execution of the pronote, no interest being shown in the accounts, no steps taken to recover the amounts, and no execution proceedings on the decree together provided material supporting irrecoverability before the year of account. Case-Laws Income Tax Mon, 20 Mar 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5063