IN THE HIGH COURT OF JUDICATURE AT MADRAS Dated: 09.03.2006 Coram: The Honourable Mr. Justice P.SATHASIVAM and The Honourable Mr. Justice J.A.K.SAMPATHKUMAR T.C. (A) No.11 of 2006 M/s.Moulana & Co Ltd 169, Angappan Naicken Street, Chennai-600 001. :: Appellant :versus: The Joint Commissioner of Income tax, Special Range-I, Chennai. :: Respondent - - - - - Appeal under Sec.260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal, 'A' Bench, Chennai, dated 31.08.2005, in ITA No.1574/Mds/99 Assessment Year 1996-97 against the order dated 3.8.1999 in IT/WT/GT/Appeal No.230/98-99 on the file of the Commissioner of Income Tax (Appeals)-V, Chennai-34 in PAN.No.AAACM-2622 B for the assessment year 1996-97. For Appellant :: Mr.Subbaraya Aiyar - - - - - JUDGMENT (Judgment of the Court was delivered by P.SATHASIVAM, J.) It is not in dispute that the amount of debt had not been taken into account while computing the income of the assessee for the previous year. In such circumstances, in view of Section 36(2) (i) of the Income Tax Act, the claim of bad debt cannot be allowed. The Commissioner as well as the Appellate Tribunal considered this aspect and rightly rejected the claim of the assessee. We do not https://hcservices.ecourts.gov.in/hcservices/ find any substantial question of law for entertaining this Appeal. Accordingly, the same is dismissed. 09.03.2006. JI. Sd/ Asst.Registrar /true copy/ Sub Asst.Registrar 1. THE ASST. REGISTRAR, INCOME TAX APPELLATE TRIBUNAL A-BENCH, BESANT NAGAR CHENNAI-90 2. THE SECRETARY CENTRAL BOARD AT DIRECT TAXES NEW DELHI. 3. THE COMMISSIONER OF INCOME TAX (APPEALS) V, CHENNAI-34. 4. THE JOINT COMMISSIONER OF INCOME TAX, SPECIAL RANGE-I, CHENNAI tm (co) dv/17.3.06 T.C. (A) No.11 of 2006 https://hcservices.ecourts.gov.in/hcservices/