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![Bank liable to pay Income Tax on Interest on Sticky Loans/NPAs on Receipt Basis: Himachal Pradesh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Bank-Income-Tax-Tax-Interest-Sticky-Loans-Interest-on-Sticky-Loans-Interest-on-NPAs-Himachal-Pradesh-High-Court-taxscan.jpg "Bank liable to pay Income Tax on Interest on Sticky Loans/NPAs on Receipt Basis: Himachal Pradesh HC [Read Order]")
Bank liable to pay Income Tax on Interest on Sticky Loans/NPAs on Receipt Basis: Himachal Pradesh HC [Read Order]
A Division Bench of the Himachal Pradesh High Court recently held that, the assessee-Kangra Central Co-operative Bank Limited is liable to tax only...
![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]")