Provision for permanent dimunition in investments
This query is : Resolved
vipul jain
(Querist)
11 September 2017
Dear All,
Is provision for Dimunition in investments made is allowed as expenditure in tax computation?
Is provision for Dimunition in investments made is allowed as expenditure in tax computation?
12 September 2017
it is a good question can some one give their view i would be happy
my opinion is generally provision is not allowed in computation of income since this provision is made for permenant decline ithink it would be allowed as deduction in computation of income expert views solicited
my opinion is generally provision is not allowed in computation of income since this provision is made for permenant decline ithink it would be allowed as deduction in computation of income expert views solicited
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