CA Day celebration 2024 Easy Office
LCI Learning

Resolution

This query is : Resolved 

01 April 2011 Is a resolution required for writing off a liability?

01 April 2011 Not according to Company Law. But the Income Tax Department may demand a copy of the board resolution approving the write off of bood debts / write back of liabilites.

01 April 2011 Resolution under which section?


01 April 2011 As stated it is not mandatory.

01 April 2011 Ok ..
Thank U..



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query