Meaning of write off in hindi
Income tax[ edit ] In income tax calculation, a write-off is the itemized deduction of an item's value from a person's taxable income. Accounting[ edit hiindi In business accounting, the meaning of write off in hindi write-off is used to refer odf an investment such as a purchase of sellable goods for which a return on the investment is now impossible or unlikely.
Also find spoken pronunciation of write off in Hindi and in English language. Search for translation and definition of in Hindi language along with synonyms and antonyms. The item's potential return is thus canceled and removed from "written off" the business's meaning of write off in hindi sheet. Negative write-offs can sometimes be seen as fraudulent activity if those who overpay a claim or bill are not informed that they have overpaid and are not given any chance to reconcile their overpayment or be refunded. WRITE OFF ka matalab hindi me janiye. All our dictionaries are bidirectional, meaning that you can look up words in both languages at the same time. Common write-offs in retail include spoiled and damaged goods.
The item's potential return is thus canceled and removed from "written off" the business's balance sheet. Common write-offs in retail include spoiled and damaged goods.
In commercial or industrial settings, a productive asset may be subject to write-off if it suffers failure or accident damage that is infeasible to repair, leaving the asset unusable for its intended purpose. Banking[ edit ] Wriye, banks write off bad debt that is declared non collectable such as a loan on a defunct business, or a credit card due that is in defaultremoving it from their balance sheets.
A reduction in the value of an asset or earnings by the amount of an expense or loss.
Companies are able to write off certain expenses that are required to run the business, or have been incurred in the operation hlndi the business and detract from retained revenues. Negative write-offs[ edit ] A negative write-off refers to the decision not to pay back an individual or organization that has overpaid on an account.
Tags for the entry "write off" What write off means in Hindi, write off meaning in Hindi, write off definition, examples and pronunciation of write off in Hindi language. To Close this message click on 'x' button above. English to Hindi Dictionary: Hindi is one of the official languages of India.
Negative write-offs can sometimes be seen as fraudulent activity if those who overpay a claim or bill are not informed that they have overpaid and are not given any chance to reconcile their overpayment or be refunded. Some institutions such as banks, hospitals, universities, and other large organizations regularly perform negative write-offs, especially when the amount is considered low e. The value of an asset may change due to fundamental changes in technology or markets.
One example is when one company purchases another and pays more than the net fair value of its assets and liabilities. The excess purchase price is recorded on the buying company's accounts as goodwill.
If it becomes apparent that the purchased asset no longer has the value recorded in the goodwill account i.