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Tax treatment of loan write off

Forums › ACCA Forums › ACCA ATX Advanced Taxation Forums › Tax treatment of loan write off

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  • October 10, 2019 at 8:19 am #548566
    jawad253
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    Hi

    Can any one clears if we write off a loan from group undertaking what will be the tax treatment???
    My entry for write of is

    Dr. Inter company loan

    Cr. Income

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