Corporate insurance Company Limited vs. Commissioner Domestic taxes
Bad and Doubtful Debts (Income Tax)
Bad debts are allowable deductions under section 15(2)(a) of the income tax Cap 470 laws of Kenya upon satisfying the Commissioner the debts have become bad. The Income Tax Act Cap 470 requires that a person must-take all reasonable steps to collect debts which have become uncollectable.
Access Restricted Content
Please log in or subscribe to continue reading.
View our pricing plansAlready have a subscription? Sign In
Premium Plan
Built for Large Firms & Teams
Scale your operations with unlimited user access, dedicated support, and premium onboarding tailored for growing accounting and tax firms.
Starting From