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09 January 2017 how provision for bad debts can be timing difference
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
09 January 2017 Provision for bad debts is timing difference
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Ashiwini Ballodia

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Ashiwini Ballodia (Expert)
09 January 2017 because we write provision in current but actual bad debt occur in future years. And IT Act provide deduction for actual bad debt and not for provision for bad debt
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