Baddebts
This query is : Resolved
15 January 2010
Wheather baddebts recover is taxable in the hands of successor
15 January 2010
If bad debts has been allowed as deduction earlier then yes it will be taxable on recovery
15 January 2010
If it is allowed previuosly as deduction then it is taxable otherwise No
15 January 2010
Agree with both the Experts
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