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    <title>1992 (11) TMI 7 - MADRAS High Court</title>
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    <description>An outstanding debt left unpaid for many years after the debtor&#039;s death, not shown as a loan in later accounts and found to be time-barred, was treated as a bad debt and excluded from the assessee&#039;s wealth; the Tribunal&#039;s view was held to disclose no error of law. The alleged failure to consider a letter dated 10 January 1987 did not generate a referable question of law because the letter concerned other debts and was not relied on in deciding the relevant issue. On that reasoning, no question of law arose from the Tribunal&#039;s order and the tax case petitions were dismissed.</description>
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    <pubDate>Tue, 17 Nov 1992 00:00:00 +0530</pubDate>
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      <title>1992 (11) TMI 7 - MADRAS High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=19523</link>
      <description>An outstanding debt left unpaid for many years after the debtor&#039;s death, not shown as a loan in later accounts and found to be time-barred, was treated as a bad debt and excluded from the assessee&#039;s wealth; the Tribunal&#039;s view was held to disclose no error of law. The alleged failure to consider a letter dated 10 January 1987 did not generate a referable question of law because the letter concerned other debts and was not relied on in deciding the relevant issue. On that reasoning, no question of law arose from the Tribunal&#039;s order and the tax case petitions were dismissed.</description>
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      <pubDate>Tue, 17 Nov 1992 00:00:00 +0530</pubDate>
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