https://www.taxtmi.com/acts?id=36791 The amendment expressly includes deposit-taking non-banking financial companies and systemically important non-deposit taking non-banking financial companies within the special rule that interest on specified bad or doubtful debts is taxable when actually received or when credited to profit and loss, whichever is earlier, and adds definitional cross-references in the Explanation to align meanings with the related provision; the change applies prospectively to the notified tax year and subsequent assessment years. en-us Fri, 05 Jul 2019 15:32:49 +0530 Fri, 05 Jul 2019 15:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36791 The amendment expressly includes deposit-taking non-banking financial companies and systemically important non-deposit taking non-banking financial companies within the special rule that interest on specified bad or doubtful debts is taxable when actually received or when credited to profit and loss, whichever is earlier, and adds definitional cross-references in the Explanation to align meanings with the related provision; the change applies prospectively to the notified tax year and subsequent assessment years. Act-Rules Bill Fri, 05 Jul 2019 15:32:49 +0530 https://www.taxtmi.com/acts?id=36791