Notional interest on debentures - the incomes are not taken into ...
Case Laws Income Tax
July 10, 2013
Notional interest on debentures - the incomes are not taken into account till the point of time that there is a reasonable degree of certainty of its realization, while all anticipated losses are taken into account as soon as there is a possibility, howsoever uncertain, of such losses being incurred. - AT
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