Accrual of income - Taxability of advance license benefit ...

Case Laws Income Tax

July 12, 2012

Accrual of income - Taxability of advance license benefit receivable - assessee could not contend while filing the return of income that such income should not be treated as having accrued in the year under consideration, as duty-free raw material had not actually been imported till the end of the relevant year but it should be treated as income accrued in the year, when raw material had actually been imported - AT

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Accrual of income - Taxability of advance license benefit ...

Case Laws Income Tax

July 12, 2012

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