Treatment of bad debts


This query is : Resolved 

21 December 2011 Dear Sirs

Kindly give me an advice to whether service Tax on bad debts written off can be reversed in service tax account

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Guest (Expert)
21 December 2011 YES IT CAN BE REVERSED.

21 December 2011 Is there any limitation of time sir

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Guest (Expert)
21 December 2011 When u consider that your debt has become bad then it can be reversed at the time of booking entry for bad debts.

21 December 2011 Do agree with Neha


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