Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Launch AI Search →Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
<h1>Taxation of interest income: specified financial institutions must include interest on prescribed bad debts when credited or received.</h1> Section 43D requires specified financial entities to include interest relating to prescribed categories of bad or doubtful debts in taxable income in the year it is credited to the profit and loss account or, if earlier, the year it is actually received; key terms and covered entities are defined by statutory cross-reference.