1981 (3) TMI 116

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..... . 66,429 and in doing so he disallowed three items, namely (1) Rs.3,518 bad debts (2) Rs.14,856 being shop-cum-lunger expenses; and (3) Rs. 354 on account of dharmada. The assessee filed an application u/s 154 pleading that the two sums of Rs. 14,856 and Rs.3,518 should not have been disallowed while making the assessment u/s 143(1). The ITO did not accept this submission because, according to him .....

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..... 1980 wherein similar circumstances the assessee s claim u/s 154 was accepted. The ld. Deptl. Rep. Relied on the order of the authorities below. 4. We have carefully considered the rival submissions. In our opinion, the ITO should have accepted the assessee s application u/s 154 because while making the assessment u/s 143(1) he could not have disallowed the claim for bad debts amounting to Rs. 3, .....

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