1982 (7) TMI 131

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....which the ITO disallowed. On appeal this was confirmed by the CIT(A). Out of miscellaneous expenses totalling of Rs.25,363 the ITO allowed Rs. 4,500. The Commr. granted a reduction of Rs. 1,000 in this regard. The assessee's appeal is against the order of the Commr. restricting the claims as above. 2. The facts relating to the bad debts are that the assessee agreed to supply, under confirmation....

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....e claim with Siddesware Textile Mills Ltd. through arbitration having failed partially it left it with an uncovered liability of Rs. 9,280 which was explained allegedly as bad debts. The Commr. (A) rejected the assessee's claim for the reason that it did not pursue the matter sufficiently. Looking to the circumstances of the case, especially the fact that the assessee has practically recovered the....