Baddebts
This query is : Resolved
15 January 2010
Wheather baddebts recover is taxable in the hands of successor
15 January 2010
If bad debts has been allowed as deduction earlier then yes it will be taxable on recovery
15 January 2010
If it is allowed previuosly as deduction then it is taxable otherwise No
15 January 2010
Agree with both the Experts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SPECULATIVE LOSS (INTRADAY)
- ITC Inter head difference
- 80CCD(2) of IT ACT
- Guidance for proper GST accounting (eway bill with correct valuation) for cut-to-pack job work given
- GST Treatment multiple delivery services
- F & O Loss Audit Requirement
- Tax Audit Required or Not.
- Change of regime
- Sale of foreign shares in Indian Rupees - FEMA rules
- Calculate Tax Liability of Sharmila
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
