Can the loss resulting from inflation adjustment in the 2024/2nd period provisional tax return be optionally shown as non-tax-deductible expenses in the return?
The relevant loss should not be shown as non-tax-deductible expenses in the return. The situations defined as non-tax-deductible expenses are clear. Expenses other than those listed in the laws that are not accepted should not be declared as non-tax-deductible expenses.
Source: Istanbul Chamber of Certified Public Accountants
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
