Interest on NPAs u/s 43D is only taxable when received, not accrued, aligning with established case law.

Interest on NPAs u/s 43D is only taxable when received, not accrued, aligning with established case law. https://www.taxtmi.com/highlights?id=45312 Taxability of interest on non-performing assets (NPA) u/s 43D - Interest received during the year - when it accrued, was exempt but interest income was embedded in the profit / loss account - subsequently can't be bring in tax net u/s 43D. en-us Fri, 22 Mar 2019 10:49:49 +0530 Fri, 22 Mar 2019 10:32:27 +0530 TaxTMI RSS Generator Interest on NPAs u/s 43D is only taxable when received, not accrued, aligning with established case law. https://www.taxtmi.com/highlights?id=45312 Taxability of interest on non-performing assets (NPA) u/s 43D - Interest received during the year - when it accrued, was exempt but interest income was embedded in the profit / loss account - subsequently can't be bring in tax net u/s 43D. Highlights Income Tax Fri, 22 Mar 2019 10:49:49 +0530 https://www.taxtmi.com/highlights?id=45312