https://www.taxtmi.com/caselaws?id=15105 The court upheld the Tribunal's findings, concluding that the sum of Rs. 20,593 could not be treated as advances in the money-lending business and was not admissible as a bad debt. The court also rejected the claim of the amount as a business loss. The Revenue was awarded costs of Rs. 750. en-us Fri, 27 Mar 1998 00:00:00 +0530 Mon, 03 Aug 2009 11:07:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15105 The court upheld the Tribunal's findings, concluding that the sum of Rs. 20,593 could not be treated as advances in the money-lending business and was not admissible as a bad debt. The court also rejected the claim of the amount as a business loss. The Revenue was awarded costs of Rs. 750. Case-Laws Income Tax Fri, 27 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15105