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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Addition of Interest accrued but not due – accrual of income - ...

Case Laws     Income Tax

November 28, 2013

Addition of Interest accrued but not due – accrual of income - broken periods - The contention that interest accrues for broken periods between two consecutive dates stipulated in the agreement/instrument for payment of interest is without any basis in law - AT

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