https://www.taxtmi.com/highlights?id=63126 Disallowance under the head 'business loss / bad debts' - there was no material available to prove that the loss incurred by the appellant / assessee was for the purpose of acquiring the property at Coimbatore for expansion of its business and hence, the same was not treated as business loss / bad debts. - Such a finding rendered by the authorities below, based on the material evidence, does not require any interfere by this court. - HC en-us Wed, 27 Apr 2022 08:31:47 +0530 Wed, 27 Apr 2022 08:31:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63126 Disallowance under the head 'business loss / bad debts' - there was no material available to prove that the loss incurred by the appellant / assessee was for the purpose of acquiring the property at Coimbatore for expansion of its business and hence, the same was not treated as business loss / bad debts. - Such a finding rendered by the authorities below, based on the material evidence, does not require any interfere by this court. - HC Highlights Income Tax Wed, 27 Apr 2022 08:31:47 +0530 https://www.taxtmi.com/highlights?id=63126