Accrual of interest on NPA - Scheduled Bank - Once the loans had ...
Case Laws Income Tax
August 17, 2013
Accrual of interest on NPA - Scheduled Bank - Once the loans had become NPAs and the assessee had opted to account for the interest on such NPAs only on recovery of the same, the law recognizes such treatment of interest on NPAs as valid in view of the provisions of section 43D of the Act - AT
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