1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO. 554 OF 2007 The Commissioner of Income Tax-4...... ..... Appellant. Versus M/s. Smart Investment Consultants. ..... ..... Respondent. Mr. Vimal Gupta for the Appellant. None for the Respondent. CORAM : BILAL NAZKI and A. A. KUMBHAKONI, JJ. DATED : 24TH SEPTEMBER, 2008. P.C.: The Tribunal has held that certain amounts were bad debts and the order that these debts be written off, passed by the Commissioner, was right. The appeal has been filed on the ground that what was written off was not the bad debts but was a business loss. This essentially is a question of fact. It has been decided by the Tribunal as well as the Commissioner. Therefore, we do not find any merits in this appeal as no substantial question of law arises. Accordingly, the appeal is dismissed. Sd/- (BILAL NAZKI, J.) Sd/- (A. A. KUMBHAKONI, J.)