https://www.taxtmi.com/highlights?id=22400 Loan waived by the banks in favour of the respondent assessee in one time settlement - whether the principal amounts of loans retained by the assessee on account of one time settlement, constituted its income as per section 28(iv) though not under Section 41(1) - Held No - HC en-us Tue, 07 Apr 2015 06:18:09 +0530 Tue, 07 Apr 2015 06:18:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22400 Loan waived by the banks in favour of the respondent assessee in one time settlement - whether the principal amounts of loans retained by the assessee on account of one time settlement, constituted its income as per section 28(iv) though not under Section 41(1) - Held No - HC Highlights Income Tax Tue, 07 Apr 2015 06:18:09 +0530 https://www.taxtmi.com/highlights?id=22400