Home / 
Interest on Non-Performing Assets: Section 43-D Requires Strict Adherence to Statutory Language Without Deviation.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Interest accrued on Non-Performing Assets – If the statute is so clear that an interpretation can easily be made, then that exact meaning should be given to the language of the Section - section 43-D has to be applied in its letter and spirit - AT....
TaxTMI