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2008 (9) TMI 200 - CALCUTTA HIGH COURTTime of accrual of income - assessment - assessee was director of the company - assessee was to receive commission at the rate of 1 per cent. on the net profits of the said company - no due date was fixed for the payment of the commission - held that the commission was taxable in the year in which the profit of the company was finalised and the accounts were assessed – reference is answered in favour of the appellant
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