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The Lahore High Court dismissed the application for a mandamus by the assessee, Messrs. The Shyam Chambers, Limited, Lyallpur, concerning the disallowance of a bad debt of &8377; 9,230-13-3. The Court noted that new evidence of novation of contract and consideration for a reduced debt was not presented to the lower authorities, but suggested that the Commissioner could review the order if the evidence was genuine. The application for a mandamus was dismissed with costs.
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