Accrual of interest income on delayed payment of compensation ...
Interest from Delayed Land Compensation Payments to be Taxed Annually on Accrual Basis, Not Upon Receipt.
June 26, 2014
Case Laws Income Tax AT
Accrual of interest income on delayed payment of compensation for land acquisition – the interest received is to be assessed on accrual basis year to year and not to be assessed in its entity in the year of receipt - AT
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