1 itxal-2459-06 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL (LOD) NO.2459 OF 2006 The Commissioner of Income Tax-I ..Appellant. V/s. The Sangli Bank Ltd. ..Respondent. Mr.Vimal Gupta for appellant. None for respondent. CORAM : J.P. DEVADHAR AND MRS. MRIDULA BHATKAR, JJ. DATED : 22ND FEBRUARY, 2011 P.C. :- 1. The question raised in this appeal is, whether the Tribunal was justified in reducing the additions made on account of writing of bad debts by the assessee. Perusal of the order of the ITAT, particularly para 9 thereof clearly shows that the Tribunal has recorded a finding of fact that the assessee had written off the bad debts as per the prudential norms and guidelines issued by the RBI. Moreover, the question is also covered against the revenue by the decision of the Apex Court in the case of T.R.F. Ltd. V/s. Commissioner of Income Tax reported in [2010] 323 ITR 397 (S.C.). In this view of the matter, the appeal is dismissed with no order as to costs. (MRS. MRIDULA BHATKAR, J.) (J.P. DEVADHAR, J.)