doubtful debts

  • Income Tax

CBDT notifies NBFCs u/s 43D related to taxation of interest on bad or doubtful debts

CBDT notifies non-banking financial companies for the purpose of section 43D related to taxation of interest on bad or doubtful…

7 months ago
  • Income Tax

Doubtful advances written off treated as provisions not allowable expenditure in contrast to bad debts

Doubtful advances written off treated as provisions not allowable expenditure u/s 37(1) in contrast to bad debts w/o u/s 36(i)(vii)…

7 years ago