Increase in deduction for provision for bad & doubtful debts of Banks w.e.f AY 2018-19
Increase in deduction for provision for bad and doubtful debts The existing provisions of sub-clause (a) of section 36(1)(viia) of the Act, inter-alia provides that a scheduled bank (not being a bank incorporated by or under the laws of a country outside India) or a non-scheduled bank or a co-operative bank other than a primary… Read More »