https://www.taxtmi.com/caselaws?id=11996 The High Court upheld the decision to disallow the deduction claimed by the appellant for bad debts under section 37 of the Income-tax Act, 1961 for the assessment year 1992-93. The appellant's failure to record advertisement charges in their accounts and lack of evidence regarding non-payment by customers or payment by the appellant led to the rejection of the claim. The Court found no error in the decision of the authorities and the Tribunal, ultimately dismissing the appeal due to the lack of merit in the appellant's arguments. en-us Tue, 29 Oct 2002 00:00:00 +0530 Sun, 14 Feb 2010 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11996 The High Court upheld the decision to disallow the deduction claimed by the appellant for bad debts under section 37 of the Income-tax Act, 1961 for the assessment year 1992-93. The appellant's failure to record advertisement charges in their accounts and lack of evidence regarding non-payment by customers or payment by the appellant led to the rejection of the claim. The Court found no error in the decision of the authorities and the Tribunal, ultimately dismissing the appeal due to the lack of merit in the appellant's arguments. Case-Laws Income Tax Tue, 29 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11996