Provision for baddebts

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nemi (Querist)
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23 June 2015 sir can i make an entry for provision of bad debts on 31.3.2015 and can it be carry forwarded to next year ant if it can be carried what will be the entry i have to pass in tally for both years

Arpit Shah

Arpit Shah (Expert)
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23 June 2015 http://taxguru.in/income-tax-case-laws/disallowance-account-bad-debt-advances-written-justifed.html

Arpit Shah

Arpit Shah (Expert)
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23 June 2015 http://taxguru.in/income-tax/all-about-carry-forward-and-set-off-of-losses-under-the-income-tax-act.html

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Rupesh Jain

Rupesh Jain (Expert)
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23 June 2015 you have to

bad debts a/c dt
to prov. for bad debts a/c cR

in next year

prov for bad debts a/c
to debtors a/c

nemi

nemi (Querist)
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24 June 2015 sir can i make an entry for provision of bad debts on 31.3.2015 and can it be carry forwarded to next year ant if it can be carried what will be the entry i have to pass in tally for both years