Bed Debts w/off
This query is : Resolved
14 April 2009
Dear Experts
Is it required for bed debts w/off more then 3 year old
Dear Experts
Is it required for bed debts w/off more then 3 year old
14 April 2009
No if you can proof the varacity of Receipt of payment
14 April 2009
You can write off as Bad Debts after giving a reasonable time for recovery and also you should prove to the department the steps taken by you to recover the amounts and after due deligence and based on the documents for follow up you can wrtie it off as Bad Debts.
15 April 2009
In case any debt is not recoverable then it can be w/off at any time as a bad debt.
21 April 2009
In case any debt is not recoverable then it can be w/off at any time as a bad debt.
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
