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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Claim for write off of bad debts - advertisement expenses ...


Claim for Writing Off Advertisement Expenses as Bad Debts Denied Due to Non-Reimbursement by Franchisees Under Tax Laws.

March 4, 2019

Case Laws     Income Tax     AT

Claim for write off of bad debts - advertisement expenses incurred for and on behalf of the franchisees, which was to be reimbursed by them to the assessee - franchisees were unable to reimburse - Cannot be allowed as bad debts.

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