Accounting treatment : Bad Loans : wether deductible expense?

Answers:0 | LastUpdateAt:2012-10-13 19:20:57

1

Question

: Seymour; Asked at

Ours is a limited liability company mainly business advertising and have advanced unsecured loan for a business worth Rs . 10,00,000 / - MedlinePlus This loan has become bad and there is no chance of recovery. MedlinePlus What is the accounting treatment of loan repayment is wrong ? MedlinePlus Is this expenditure of Rs . 10 lakh tax deductible expense income standpoint . MedlinePlus MedlinePlus Please guide me in this issue

Report Abuse 0 0

Answers

This Question:"Accounting treatment : Bad Loans : wether deductible expense?" No answers yet. Be the first!

Related Questions

Accounting treatment : Bad Loans : wether deductible expense?
Ours is a limited liability company mainly business advertising and have advance...
Why Is The Repayment Of A Business Loan Not A Tax Deductible Expense?
Why is the repayment of a business loan is not a tax deductible expense ?...
Does a loan for a car used in a taxi service job count as a deductible business expense?
If you receive a loan in one of Lincoln to work in a car service , you can make ...
Partnership firm accounting treatment?
Dear Sir : MedlinePlus MedlinePlus a company can pay the liability of a term loa...
What is the name of the loan company that you can get loans from for medical treatment?
want to get some cosmetic surgery and do not want to wait until I've saved all t...
Are unsecured loans such as signature loans deductible on tax return?
They are unsecured loans , such as signature loans deductible in the tax return ...
Tax deductible? Cash-out refi vs. HELOC vs. Equity loans?
My wife and I are planning a major remodel starting in about 2 1/2 months ... We...
Is it true that interest owed on unsubsidized federal loans is tax deductible?
As a veterinary student , I'm basically screwed no matter what when it comes to ...
Should I consolidate my loans ,and would this be a savings or an added expense.?
Should I consolidate my loans , and this would be a cost savings or added . ?...
Is interest paid for home equity loans and used for investment property deductible?
...

1

Answer This Question:Accounting treatment : Bad Loans : wether deductible expense?

Topics

loans unsecured

Related Searches