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The High Court Lahore dismissed an application under Section 66(3) of the Indian Income Tax Act regarding the assessment of a firm for the year 1936-37. The main issue was whether a sum of Rs. 9,088 claimed as a bad debt was actually written off. The court held that there was no evidence to prove the debt had become bad in the relevant year, and the write-off was premature. Application was dismissed with costs.
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