Write-offs

RECENT NEWS
The Economic Times  Jul 4  Comment 
"Losses have happened due to accelerated provisions and write-offs in the construction and infrastructure space," said Surojit Shome, CEO.
Forbes  Jul 3  Comment 
BP's historic settlement could saddle American taxpayers with up to a third of the cost via BP tax deductions.
The Economic Times  Jul 3  Comment 
Singapore-based DBS Bank's Indian arm today reported a loss of Rs 275 crore in FY15 as it cleared stress on its books suffered.
Reuters  Jul 2  Comment 
U.S. stocks extended losses on Thursday after the International Monetary Fund warned Greece may need a large debt write-off, and muted U.S. jobs data dampened the economic outlook.
New York Times  Jul 2  Comment 
As a Treasury Department official, Mr. Walker oversaw federal revenue-sharing. As a lobbyist, he helped preserve write-offs for the three-martini lunch.
The Australian  Jun 15  Comment 
The government’s popular $20,000 write-off for asset purchases by small businesses has been passed by the Senate.
Forbes  Jun 11  Comment 
Spending $2.35M lunch for 8 people sounds pricey, even if one of them is Warren Buffett. And the law is clear it's a tax write-off.
The Economic Times  May 28  Comment 
ONGC reported 19.5% drop in net profit to Rs 3,935-cr for the quarter ended March 31, mainly due to higher operating cost and write-off on dry wells drilled.
The Economic Times  May 27  Comment 
The company posted consolidated net loss of Rs 74.2 crore after writing off Rs 198 crore towards permanent reduction in value of its assets.
Financial Times  May 20  Comment 
Education budget could suffer unless write-offs reduced, warns new study




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