36(1)(vii) vs 36(1)(viia)

Sarthak Gupta   21 September 2019

Sarthak Gupta

 1 likes  28 points

| My Other Post

Hello colleagues,

Suppose a NBFC Company have debited in P&L, bad debts written off of Rs. 100 and provision for bad and doubtful debts of Rs. 40. It's GTI is Rs. 500.

My question is what amount will be available for deduction u/s 36(1)(vii) and 36(1)(viia) of Income tax Act?


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Popular Discussion

view more »