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Unsecured loan written off

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(Querist)
26 January 2015 Is Unsecured laon Written of Capital Receipt or Revenue Receipt?
How it is treated?
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CA NAVEEN SINGLA

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CA NAVEEN SINGLA (Expert)
26 January 2015 Unsecured Loan is Capital Receipt. It should reduce the Unsecured Loan standing on the Liability side of Bal Sheet

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