Claim of bad debts - there is no bar on the assessee in writing ...

Taxpayers can write off bad debts as allowable expenses if credits are shown in the same year's accounts.

February 26, 2013

Case Laws Income Tax AT

Claim of bad debts - there is no bar on the assessee in writing off the bad debts of the year as allowable expenditure when the corresponding credits are showing in the accounts of the year - AT

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Claim of bad debts - there is no bar on the assessee in writing ...

Taxpayers can write off bad debts as allowable expenses if credits are shown in the same year's accounts.

February 26, 2013

Case Laws Income Tax AT

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