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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

whether such interest income should be taxed on accrual basis in ...

Case Laws     Income Tax

September 19, 2012

whether such interest income should be taxed on accrual basis in the year of allotment of debenture itself or whether it should be taxed on spread-over basis? - on the ground of matching principle - decided in favor of assessee - SC

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