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Income Tax Made Easy: Must-Read Bestsellers for Tax Professionals, Students and Taxpayers
Income Tax is essentially not everyone’s cup of tea, majorly because of the complexities that come with it. We humans always want things to be easy...
![Relief to Toyota Financial: ITAT directs Re-Adjudication on Taxability of Interest Income from NPAs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Bangalore-Income-Tax-Toyota-Financial-Interest-income-Interest-income-taxation-taxscan.jpg "Relief to Toyota Financial: ITAT directs Re-Adjudication on Taxability of Interest Income from NPAs [Read Order]")
![No Deduction of Accrued Interest on Bad Debts / NPAs since Assessee is not a Scheduled Bank and had not recognized any Income as per RBI Guidelines [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Bad-Debt-Taxscan.jpg "No Deduction of Accrued Interest on Bad Debts / NPAs since Assessee is not a Scheduled Bank and had not recognized any Income as per RBI Guidelines [Read Order]")
![Interest on Sticky Loans / NPA’s has to be Taxed on Receipt basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Sticky-Loans-Taxscan.jpg "Interest on Sticky Loans / NPA’s has to be Taxed on Receipt basis: ITAT [Read Order]")
![An Unscheduled Bank has to Recognize its Income on NPAs on Accrual Basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Unscheduled-Bank-Taxscan.jpg "An Unscheduled Bank has to Recognize its Income on NPAs on Accrual Basis: ITAT [Read Order]")