1980 (7) TMI 124

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....e's appeals, objection is raised against the disallowances of sums of Rs. 6,342 and Rs. 3,687 under s. 37(2b) on account of entertainment expenses. The matter is covered by the decisions of the Gujarat High Court in CIT vs. Patel Brothers & Co. Ltd.(1) and the Bombay High Court in CIT vs. Shah Nanji Nagsi (2) which lay down the test to be applied for finding out whether an item of expenditure woul....

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.... allowed this claim in the subsequent year. The point raised in the Deptl. appeal, therefore, is academic and is, therefore, rejected. 5. As regards the allowance of bad debts, the facts are that this claim was made by the assessee for the asst. yr. 1974-75 and the ITO rejected the claim. The claim was subsequently repeated for the asst. yr. 1975-76 where also it met with the same fate. On appe....