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Allowed / disallowed expense

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 April 2017 Hi

Please clarify whether below expenses are allowed / disallowed expense as per IT Act and Finnish Tax Act -
1. Bad debts written off
2. Provision for Doubtful debts

Thanks
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
09 April 2017 Bad debts written off is allowed if it is really written off with proper confirmation. provision for doubtful debts is not allowed
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