EASYOFFICE
EASYOFFICE
EASYOFFICE

U/s 36 (i) viia)

This query is : Resolved 

24 March 2013 Sir,
A provision for bad debts is made for a particular figure whether the available deduction of 7.5 % of the total income and 10% of aggregate average advances of the rural branches can be fully claimed irrespective of the provision made.

Kindly Clarify

08 April 2013 Provision is not allowable you have to write off in your books to get the deuction



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