INTERVIEW QUESTIONS TAX DETAILS

Question: What is Bad Debt in Taxation?

Answer: Bad Debt in Taxation is the debt which is unlikely to be paid. Bad debts may usually be treated as losses and written off against a reserve for such debts.

Bad Debt in Taxation is the debt which is unlikely to be paid. Bad debts may usually be treated as losses and written off against a reserve for such debts. Source: CoolInterview.com

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