Writing off of Sundry Debtors
This query is : Resolved
29 January 2011
i am facing some problem in writing of debtors.
1.Can write off the debtors to the full extent or there is any percentage is there that we have to write off debtors to that extent
2.UP TO what percentage or amount that i can write off as allowable in the income tax act.
1.Can write off the debtors to the full extent or there is any percentage is there that we have to write off debtors to that extent
2.UP TO what percentage or amount that i can write off as allowable in the income tax act.
Guest
Guest
(Expert)
29 January 2011
If these are bad-debts, you can / should write off 100%
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