1982 (2) TMI 100

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....p;                          The assessee has filed this appeal on various grounds. The first ground of appeal is concerning the order of the CIT (Appeals) sustaining the disallowance by the ITO of bad debts amounting to Rs. 2,664. The following debts were outstanding to t....

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....t the debts were not trade debts or that they had not become bad. In the circumstances, in our opinion, it will be fair in the interest of justice to restore the matter to the file of the ITO for ascertaining the actual year in which the debts have become bad and to allow them in that year as required under s. 36(2) (iv) of the IT Act. 2. The second objection of the assessee of the order of the....

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....gistered firm as if it was an unregistered firm was violative of Art. 14 of the Constitution. The ld. Deptl. Rep. has relied on the Punjab & Haryana High Court decision in the case of the Hindustan Steel Forgings vs. CIT (1980) 14 CTR (P&H) 389 : (1980) 121 ITR 793 (P&H) according to which the relevant provision did not violate against the Constitution. It is the case of the ld. Rep. for the asses....