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BAD DEBTS

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(Querist)
19 January 2009 Whether Bad Debts written off from the books for Income Tax affects the legal action taken against the concerned debtors.

Thanks in advance

CA Anand U Patankar
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CA.ViVeK M ACA

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CA.ViVeK M ACA (Expert)
19 January 2009 bad debt written off means you are forgone the receivable, so, for the legal point of view also it has the same , it is in valid
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ANAND U PATANKAR

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ANAND U PATANKAR (Querist)
19 January 2009 Thanks for the reply
CA Anand U PAtankar
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