Advances Written Off
This query is : Open
Mayank Rungta
(Querist)
24 September 2009
Allowability of Advances Written off under Income Tax Act.
Please refer a relevant case law or section.
Please refer a relevant case law or section.
VINEESH KHANNA
(Expert)
24 September 2009
Advances written off (Not provison for advances) is very much allowable under the provisions of income tax act.
Mayank Rungta
(Querist)
24 September 2009
But the company I am working for is asking for specific section or case law.
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