🙏Article is by Ex RBI official Mr GN Rath — some of the issues / points raised –[1] just how did the central bank conclude that the¹ entire stock of 2000 notes is soiled, mutilated and unfit to remain in circulation warranting a mass withdrawal? [2] any change in policies on currency and payments must be preceded by broad consultation and a better enunciation of objectives and ultimate outcomes than the ones that have been offered. —Courtesy BL 25.5.23

Adjustment Against Bad and Doubtful Debts Amounts to Actual Writing Off of Bad Debts: ITAT

Read More: https://www.taxscan.in/adjustment-against-bad-and-doubtful-debts-amounts-to-actual-writing-off-of-bad-debts-itat/278440/ Clipped from: https://www.taxscan.in/adjustment-against-bad-and-doubtful-debts-amounts-to-actual-writing-off-of-bad-debts-itat/278440/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Adjustment%20Against%20Bad%20and%20Doubtful%20Debts%20Amounts%20to%20Actual%20Writing%20Off%20of%20Bad%20Debts:%20ITAT The Income Tax Appellate Tribunal (ITAT) of Ahmedabad bench has held that adjustment against bad and doubtful debts amounts to actual writing off

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