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Bad debts recovery profit or loss ?

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(Querist)
29 October 2014 bad debts recovery profit or loss ?
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CA Parul Saxena

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CA Parul Saxena (Expert)
29 October 2014 Bad debts recovery is profit earned as when you have booked bad debts then you have charge it against profit similarly recovery of the same is profit recovered which was earlier written off.

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