TMI BlogLoan waived by the banks in favour of the respondent assessee in one time settlement - whether the...Loan waived by the banks in favour of the respondent assessee in one time settlement - whether the principal amounts of loans retained by the assessee on account of one time settlement, constituted its income as per section 28(iv) though not under Section 41(1) - Held No - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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