Interested to Buy Any Domain ? << Click Here >> for more details...
is provision for bad and doubtful debts an operating cost?
- 2 Answers
- 4523 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
In my opinion provision for B/d is not operating cost
since it is not related to prime revenue generating activity
It should be treated as other exp.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / sagar
its not a cost at all, hence not allowed by income tax
deptt. any provision other that which is payable during the
relevant previous year is not allowed, but actual bad debt
is allowed.
| Is This Answer Correct ? | 1 Yes | 0 No |
is there any necessity to file TDS to purchase a thing even ater paying vat
How can a taxpayer get a refund for an overpayment of taxes?
WHAT IS EXCISE DUTY RATE IN HARYANA for RMC
How treat TDS & TCS in manual or Tally 9 softwere ?
what mean by tds on vat?
How can I calculate Depriciation on Fixed AND CURRENT ASSESTS ?
how to pass service tax reverse charge entry pass in books
Can anyone tell me the limit of Professional fees on which service tax is to be charged?
What is tha Central sales tax rate 2010 in andhrapradesh
What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric
Whether TDS is deductible after service tax addition or not?
If any new form open than we are able to deduct TDS on first year
Audit 
