Write-off the unsecured loan
This query is : Resolved
17 August 2016
Hi,
please tell me the consequences of writing off the unsecured loan from the accounts in any F.Y.
Thanks
please tell me the consequences of writing off the unsecured loan from the accounts in any F.Y.
Thanks
18 August 2016
you can do so.... it may be offerred as INCOME of the year in which such "write off????" is done
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