Addition of Income Interest Accrued - if the assessee followed ...
Income Assessed When Right to Receive Accrues Using Mercantile Accounting; Timing of Tax Income Recognition Explained.
September 18, 2013
Case Laws Income Tax AT
Addition of Income Interest Accrued - if the assessee followed mercantile system of accounting it is to be seen as to when the right to receive, accrued. The income is assessable in the year in which the right to receive accrued - AT
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