Bad Debt
This query is : Resolved
27 July 2010
Bill raised to a party on account of Commission in the F.Y. 2004-05 and that had been credited to the P & L A/C. Since then no transaction is being made with the party but the assessee is carrying on business in the same name & style. Please suggest whether Bad Debt can be allowed in the F.Y. 2009-10 ?
27 July 2010
duplicatio n
https://www.caclubindia.com/experts/bad-debt-deduction-u-s-36--443560.asp
https://www.caclubindia.com/experts/bad-debt-deduction-u-s-36--443560.asp
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