Income Tax Act Section 36(1)(vii): Only Actual Bad Debt Write-Offs Deductible; Provisions Not Allowed.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Bad and doubtful debts written off disallowed – provision for bad and doubtful debts cannot be allowed u/s 36(1)(vii) - AT....