<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Cooperative Banks: Interest on NPAs Taxable Only When Received, Not on Accrual Basis.</title>
    <link>https://www.taxtmi.com/highlights?id=42561</link>
    <description>Interest accrued on NPA - whether non-performing assets in the hands of the assessee- Cooperative Banks is taxable on accrual basis or not? - interest on NPA&#039;s is taxable in the year of receipt.</description>
    <language>en-us</language>
    <pubDate>Fri, 09 Nov 2018 20:58:50 +0530</pubDate>
    <lastBuildDate>Fri, 09 Nov 2018 20:58:50 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=541247" rel="self" type="application/rss+xml"/>
    <item>
      <title>Cooperative Banks: Interest on NPAs Taxable Only When Received, Not on Accrual Basis.</title>
      <link>https://www.taxtmi.com/highlights?id=42561</link>
      <description>Interest accrued on NPA - whether non-performing assets in the hands of the assessee- Cooperative Banks is taxable on accrual basis or not? - interest on NPA&#039;s is taxable in the year of receipt.</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Fri, 09 Nov 2018 20:58:50 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=42561</guid>
    </item>
  </channel>
</rss>