Accrual of interest on advance made by the assessee to the ...

No Interest Income from Advance to Haryana State Electricity Board Under Cash Accounting System, Not Taxable This Year.

June 29, 2016

Case Laws Income Tax HC

Accrual of interest on advance made by the assessee to the Haryana State Electricity Board - as the assessee was following cash system of accounting, no income on this account had been received in the year in question and therefore, it was not liable to be assessed - HC

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Accrual of interest on advance made by the assessee to the ...

No Interest Income from Advance to Haryana State Electricity Board Under Cash Accounting System, Not Taxable This Year.

June 29, 2016

Case Laws Income Tax HC

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