1940 (11) TMI 30

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ikri, for the Commissioner. ORDER In this case the only point concerns the disallowance of an amount of Rs. 9,230-13-3 written off as a bad debt in the account of Sohna Ram Ram Piara of Lyallpur by the assessee Messrs. The Shyam Chambers, Limited, Lyallpur. Upon this contention being raised the Income-tax Officer held rightly enough that the mere fact that the debt had been written off in th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....consideration of the new contract the old debt of Rs. 14,000 odd had been reduced to Rs. 5,500 with collateral security to that extent. It is not, however, open to us, not being an appellate Court, to hold that the orders of the Income-tax Officer and the learned Assistant Commissioner or of the learned Commissioner were incorrect on the ground that this evidence which was not produced before them....