Accrued interest on loans classified under ‘non performing ...

Accrued interest on non-performing loans in suspense accounts isn't taxable income for the taxpayer.

June 2, 2018

Case Laws Income Tax AT

Accrued interest on loans classified under ‘non performing assets’- overdue interest not realized during the year and credited to suspense interest account cannot be taken to be the income of the assessee. - AT

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Accrued interest on loans classified under ‘non performing ...

Accrued interest on non-performing loans in suspense accounts isn't taxable income for the taxpayer.

June 2, 2018

Case Laws Income Tax AT

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