25 Important Income Tax High Court Judgments of 2022

By Manu Sharma - On January 1, 2023 2:57 pm - 6 mins read

Bank liable to pay Income Tax on Interest on Sticky Loans/NPAs on Receipt Basis: Himachal Pradesh HC – [Pr. Commissioner of Income Tax vs Kangra Central Co-op Bank Ltd – 2022 TAXSCAN (HC) 999] The Himachal Pradesh High Court had held that, the assessee-Kangra Central Co-operative Bank Limited is liable to tax only on receipt…

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