If the ITA specifically allows a reserve to be deducted with respect to a business in one year (ITA 20), the ITA requires that that reserve be added back to business income in the immediately following year (ITA 12). Question content area bottom Part 1 A. False, if a reserve is deducted with respect to a business in one year, it can be added back in either of the two following years. B. True, examples are ITA 12(1)(a) and ITA 20(1)(m) for unearned amounts received in advance and doubtful debt reserves (ITA 12(1)(d) and ITA 20(1)(l)). C. False, a reserve that is deducted with respect to a business in one year is not required to be added back at any point. D. False, if a reserve is deducted with respect to a business in one year, it must be added back before the end of the same year