https://www.taxtmi.com/forum/issue?id=116971 Whether a company's reduced payment under a one time bank settlement, producing a waiver of the remaining loan, is taxable is contested: prior decisions before the later statutory provision treated such bank waived amounts as non taxable, but the query asks whether the later income from other sources provision or an alternative clause now captures such waivers. en-us Wed, 20 Jan 2021 11:19:29 +0530 Thu, 23 Jan 2025 15:54:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116971 Whether a company's reduced payment under a one time bank settlement, producing a waiver of the remaining loan, is taxable is contested: prior decisions before the later statutory provision treated such bank waived amounts as non taxable, but the query asks whether the later income from other sources provision or an alternative clause now captures such waivers. Discussion-Forum Income Tax Wed, 20 Jan 2021 11:19:29 +0530 https://www.taxtmi.com/forum/issue?id=116971