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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

As per CBDT circular and section 45Q of the RBI and prudential ...

Case Laws     Income Tax

September 4, 2017

As per CBDT circular and section 45Q of the RBI and prudential Norms issued by the RBI interest income could not be accured on Non Performing Assets (NPA) by Banks as decided by Supreme Court in case of Shri Mahila Sewa Sahakari Bank Ltd.

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