EASYOFFICE
EASYOFFICE
EASYOFFICE

An write off allowable or not under income tax act

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 June 2013 There is a trader gave a Security deposit To the Co. for Dealership after sometime co. went bankrupt and the sec deposit became unrealizable, can that be Written off in my books

Plz Reply it's Urgent
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
18 June 2013 Yes. allowable since it is business purpose only

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links