Tax Case: Rs. 26.10 Crore Not Income Due to Arbitration Uncertainty; Not Chargeable for Assessee.

Accrual of income where issue has been referred to arbitration - there was no certainty of realization of the claim of the assessee - such amount of ₹ 26.10 crore did not have any right to receive acquired by the assessee and hence, cannot be held as income chargeable to tax in the hands of the assessee. .....

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