Tag: Bad debt written off

Bad debt written off claim us 361vii -Assessee need not establish if written off in books of accounts of assessee as irrecoverable-CBDT Circular-12/2016

Bad debt written off claim us 361vii Circular No. 12/2016 F.No.279/Misc./140/20  15-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi , Dated 30th May, 2016 Subject:- Admissibility of claim of deduction of Bad Debt under section 36(1)(vii) read with section …