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  1. May 29, 2024 · A write-off is an accounting action that reduces the value of an asset while simultaneously debiting an expense account. It is primarily used in its most literal sense by businesses...

    • Will Kenton
    • 1 min
  2. In accounting terminology, a write-off refers to reducing the value of an asset while debiting a liabilities account. Literally, the term is used by businesses that are seeking to account for unpaid loan obligations, unpaid receivables, or losses on stored inventory.

  3. Feb 20, 2024 · A tax write-off in India reduces taxable income by enabling individuals and corporations to deduct certain costs or investments from their overall revenue. The Income Tax Act permits this deduction in a number of provisions.

  4. Visit the movie page for 'The Written Off Return' on Moviefone. Discover the movie's synopsis, cast details and release date. Watch trailers, exclusive interviews, and movie review.

    • (5)
    • Dragoslav 'Dragan' Nikolić
    • Milenko Jeremić
    • RTS
  5. Studio RTS. Genres Action, War. Prle and Tihi, being the only surviving members of their resistance group, had been forced to leave Nazi-occupied Belgrade and join Partisans in country. In Summer of 1944 somebody is assassinating resistance sympathizers, and Prle and Tihi must return to Belgrade deal with it.

    • (11)
    • Dragoslav 'Dragan' Nikolić
    • Milenko Jeremić
  6. A tax write-off is a business expense that can be claimed as a tax deduction on a federal income tax return, lowering the amount the business will be assessed for taxes. Tax write-offs are deducted from total revenue to determine total taxable income for a small business.

  7. Jan 4, 2024 · Key Takeaways. A write-down reduces the value of an asset for tax and accounting purposes, but the asset still retains some value. A write-off reduces the value of an asset to zero and...