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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Accrual of interest - receivable or not actually received - ...

Case Laws     Income Tax

April 4, 2015

Accrual of interest - receivable or not actually received - unless and until an assessee shows that a loan or advance had become a non-performing asset, there can be no question of applying the norms set out for such non-performing asset. - AT

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