https://www.taxtmi.com/caselaws?id=12535 The High Court upheld the decision of the Income-tax Appellate Tribunal to dismiss the appeal by the assessee. The Tribunal was justified in not granting adjournment due to repeated requests by the assessee's counsel. The court agreed with the Tribunal's findings that the debt written off had not genuinely turned bad and that the source of unexplained cash balances, specifically Rs.1,25,000, could not be established by the assessee. As no substantial question of law arose, the appeal was dismissed without costs. en-us Wed, 05 Jun 2002 00:00:00 +0530 Tue, 19 May 2009 18:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12535 The High Court upheld the decision of the Income-tax Appellate Tribunal to dismiss the appeal by the assessee. The Tribunal was justified in not granting adjournment due to repeated requests by the assessee's counsel. The court agreed with the Tribunal's findings that the debt written off had not genuinely turned bad and that the source of unexplained cash balances, specifically Rs.1,25,000, could not be established by the assessee. As no substantial question of law arose, the appeal was dismissed without costs. Case-Laws Income Tax Wed, 05 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12535