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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Taxation on accrual of interest income - the mercantile system ...

Case Laws     Income Tax

August 1, 2012

Taxation on accrual of interest income - the mercantile system of accounting - the accrual theory of interest income was to be assessed in the year in which it had accrued and had become due. - HC

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