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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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