Chit funds - Claim of deduction on bad debts on running and ...

Chit Funds: Deduction on Bad Debts Allowed for Defaulted Installments in Both Running and Terminated Groups.

November 1, 2014

Case Laws Income Tax AT

Chit funds - Claim of deduction on bad debts on running and terminated groups – bad debts can be allowed to the extent of instalments defaulted by the prized subscribers and written off as bad debt in the books of the assessee - AT

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Chit funds - Claim of deduction on bad debts on running and ...

Chit Funds: Deduction on Bad Debts Allowed for Defaulted Installments in Both Running and Terminated Groups.

November 1, 2014

Case Laws Income Tax AT

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