EX GRATIA PAYMENT RECEIVED FROM BANKS

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..... Dear Sir/Madam As per the scheme announced by the GOI,Ministry of Finance vide F.No.2/12/2020-BOA.I dated 23/10/2020 we have received ex-gratia payment from banks against loans which is adjusted by b .....

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..... ank towards our principal outstanding. Is this government benefit received through banks is taxable in our hands? If yes kindly provide reference of section,notification or circular. - EX GRATIA PA .....

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..... YMENT RECEIVED FROM BANKS - Query Started By: - SSOE SSOE Dated:- 4-9-2021 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management I .....

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..... ndia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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