Bad & doubtful debts provision

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 August 2011 In the Year 07-08 provision for doubtful debts is made added the provision to profit in computation of income,but when in the 09-10 provision is actually transferred to bad debts it is not reduced from computation what is the remedy now ?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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07 August 2011 Bad Debts not claimed in AY 2010-11.
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Otherwise Revise the return if it is filed on or before the due date.

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