Sameer sold goods worth ₹ 50,000 at credit on 1st April 2019. However, he has written off ₹ 10,000 of it as bad debts and claimed a deduction for the same during the year 2019-20. On 4th April 2020, the defaulting debtor made a payment of ₹ 45,000. The taxable amount of bad debts recovered for the year 2020-21 would be

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Question:Sameer sold goods worth ₹ 50,000 at credit on 1st April 2019. However, he has written off ₹ 10,000 of it as bad debts and claimed a deduction for the same during the year 2019-20. On 4th April 2020, the defaulting debtor made a payment of ₹ 45,000. The taxable amount of bad debts recovered for the year 2020-21 would be

1.₹ 5,000

2.₹ 50,000

3.₹ 45,000

4. ₹ 10,000

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  1. Sameer sold goods worth ₹ 50,000 at credit on 1st April 2019. However, he has written off ₹ 10,000 of it as bad debts and claimed a deduction for the same during the year 2019-20. On 4th April 2020, the defaulting debtor made a payment of ₹ 45,000. The taxable amount of bad debts recovered for the year 2020-21 would be
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