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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Income recognition - interest income on 'non-performing assets' ...

Case Laws     Income Tax

July 24, 2019

Income recognition - interest income on 'non-performing assets' - AS 9 - For AY 2004-05 it is to be seen is whether the assessee has got non-performing asset in terms of the definition in the notification issued by MCA dated 26.07.2001 and circular of the CBDT dated 09.10.1984 have no application - no accrual of income

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