Correct method of accounting u/s 145 (1) - real income - the ...

Case Laws Income Tax

July 11, 2019

Correct method of accounting u/s 145 (1) - real income - the bills that are not received by the assessee are not at all admitted by the person who is supposed to pay it and there is no obligation of payment on the shoulder of Organizing Committee - Thus the outstanding payments has neither accrued to the assessee, nor received by it - not taxable

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Correct method of accounting u/s 145 (1) - real income - the ...

Case Laws Income Tax

July 11, 2019

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