https://www.taxtmi.com/forum/issue?id=111962 Whether sale proceeds from property acquired by a cooperative bank exceed the borrower's debt and thus must be returned or may be treated as capital gain depends on the acquisition and settlement mechanics and restitution or set off principles; separately, crediting loan accounts for principal and accrued interest when assets are taken in satisfaction of debt raises regulatory concerns because recognising interest without cash realisation may conflict with RBI accounting norms for non-banking assets. en-us Wed, 24 May 2017 15:55:11 +0530 Thu, 23 Jan 2025 15:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111962 Whether sale proceeds from property acquired by a cooperative bank exceed the borrower's debt and thus must be returned or may be treated as capital gain depends on the acquisition and settlement mechanics and restitution or set off principles; separately, crediting loan accounts for principal and accrued interest when assets are taken in satisfaction of debt raises regulatory concerns because recognising interest without cash realisation may conflict with RBI accounting norms for non-banking assets. Discussion-Forum Companies Law Wed, 24 May 2017 15:55:11 +0530 https://www.taxtmi.com/forum/issue?id=111962