https://www.taxtmi.com/highlights?id=13937 Accrual of interest on NPA - Scheduled Bank - Once the loans had become NPAs and the assessee had opted to account for the interest on such NPAs only on recovery of the same, the law recognizes such treatment of interest on NPAs as valid in view of the provisions of section 43D of the Act - AT en-us Sat, 17 Aug 2013 08:35:08 +0530 Sat, 17 Aug 2013 08:35:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=13937 Accrual of interest on NPA - Scheduled Bank - Once the loans had become NPAs and the assessee had opted to account for the interest on such NPAs only on recovery of the same, the law recognizes such treatment of interest on NPAs as valid in view of the provisions of section 43D of the Act - AT Highlights Income Tax Sat, 17 Aug 2013 08:35:08 +0530 https://www.taxtmi.com/highlights?id=13937