{"id":1839,"date":"2018-07-25T00:31:36","date_gmt":"2018-07-25T00:31:36","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-a-v-bijapur-district-central-2018-256-taxman-51-karn-hc\/"},"modified":"2019-02-23T08:12:37","modified_gmt":"2019-02-23T08:12:37","slug":"cit-a-v-bijapur-district-central-2018-256-taxman-51-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-a-v-bijapur-district-central-2018-256-taxman-51-karn-hc\/","title":{"rendered":"CIT (A)  v. Bijapur District Central Co-Operative Bank Ltd   (2018) 256 Taxman 51 (Karn)( HC)Editorial: SLP of revenue is dismissed ; CIT   v. Bijapur District Central Co-Opertaibe Bank Ltd  ( 2019) 260 Taxman 297 (SC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue , assessee, a co-operative society, carrying on banking business, was not required to pay tax on interest income on bad debts\/doubtful debts or Non-Performing Assets (NPAs) without such interest being actually received or credited in profit &amp; loss account of assessee.(AY. 2009-10, 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 5 : Scope of total income &#8211; Co \u2013operative society- Banking business- Accrual- Interest on doubtful debts or Non-Performing Assets (NPAs) without such interest being actually received or credited in profit &#038; loss account of assessee- Not required to pay tax on interest income .[ S.43D ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1839","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-tF","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=1839"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1839\/revisions"}],"predecessor-version":[{"id":4046,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/1839\/revisions\/4046"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=1839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=1839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=1839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}