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Write off loan accounts

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(Querist)
12 April 2019 Can we write of director loan account through profit & loss account at time of strike off of company?
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Shashikant Varshney

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Shashikant Varshney (Expert)
19 April 2019 for the striking off the company don't write off the Loans. Adjust the profit and loss balance from the Loan outstanding.

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