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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

The income of the assessee cannot be assessed on the basis of ...


Court Rules Out Hybrid Accounting Method for Assessing Income from Deep Discount Bonds and Non-Convertible Debentures.

June 12, 2014

Case Laws     Income Tax     AT

The income of the assessee cannot be assessed on the basis of hybrid method of accounting by following mercantile method for assessing income in respect of DDBs/NCD and the remaining income on the basis of cash method of accounting - AT

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