TMI BlogAddition on interest accrued on sticky loans and advances - Under the mercantile system of accounting an...Addition on interest accrued on sticky loans and advances - Under the mercantile system of accounting an income accrues when there is reasonable certainty for realising any receipts or revenue. Hypothetical income cannot be taken into account. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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