https://www.taxtmi.com/acts?id=47410 Interest on prescribed categories of bad or doubtful debts of public financial institutions, scheduled banks, State financial corporations and State industrial investment corporations shall be chargeable to tax in the previous year in which it is credited to their profit and loss account or in which it is actually received, whichever is earlier; categories are to be prescribed with regard to Reserve Bank of India guidelines, and key terms are defined by cross-reference to relevant company, banking and state financial corporation statutes. en-us Mon, 13 Jan 2025 14:47:19 +0530 Mon, 27 Jan 2025 16:19:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47410 Interest on prescribed categories of bad or doubtful debts of public financial institutions, scheduled banks, State financial corporations and State industrial investment corporations shall be chargeable to tax in the previous year in which it is credited to their profit and loss account or in which it is actually received, whichever is earlier; categories are to be prescribed with regard to Reserve Bank of India guidelines, and key terms are defined by cross-reference to relevant company, banking and state financial corporation statutes. Act-Rules F. Acts / Amendment Acts Mon, 13 Jan 2025 14:47:19 +0530 https://www.taxtmi.com/acts?id=47410