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    <title>Clarification on Section 36(1)(vii): Bad debts write-off must consider the opening credit balance from April 1st.</title>
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    <description>Method of operation of proviso to section 36(1)(vii) – Bad debts written-off – The credit balance for this purpose will be the opening credit balance i.e., the balance brought forward as on 1st April of the relevant accounting year - HC</description>
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