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Correspondence letter for bad debts

This query is : Resolved 

09 December 2011 If anyone has Correspondence letter for Bad debts to be submitted to income tax officer during scutiny assessment then pls fwd the same on
somanirajesh17@gmail.com
Its urgent..

09 December 2011 No need to submit correspondence letter for bad debts. Writting off the debts in books of account is sufficient to claim bad debt in income tax. There are various case laws in this regard. Now this is a settled situation that if the assessee has written off the account of a debtor then it is sufficient to claim bad debts. No need to show that the assessee has made efforts to recover the debt. Explain to the A.O. regarding this.


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