https://www.taxtmi.com/caselaws?id=19777 A claim for bad debt must be tested on objective facts, and the assessee must discharge the burden of proof. Where the Tribunal relies on irrelevant considerations, such as the status or position of debtors, instead of examining the actual factual basis and the legal position for the relevant assessment year, a question of law arises for reference under section 256(2) of the Income-tax Act, 1961. On that basis, the reference was allowed and the Tribunal was directed to state the question to the Court. en-us Thu, 21 Apr 1994 00:00:00 +0530 Mon, 09 Nov 2009 15:56:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19777 A claim for bad debt must be tested on objective facts, and the assessee must discharge the burden of proof. Where the Tribunal relies on irrelevant considerations, such as the status or position of debtors, instead of examining the actual factual basis and the legal position for the relevant assessment year, a question of law arises for reference under section 256(2) of the Income-tax Act, 1961. On that basis, the reference was allowed and the Tribunal was directed to state the question to the Court. Case-Laws Income Tax Thu, 21 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19777