TMI BlogWhether the Tribuanl was right in holding that the income from non-performing assets should be assessed...Whether the Tribuanl was right in holding that the income from non-performing assets should be assessed on cash basis and not on mercantile basis despite the assesee maintain mercantile system of accounting - held Yes - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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