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Income Tax - Highlights / Catch Notes

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Accrual of income - addition on account of accrued interest on ...

Income Tax

September 11, 2022

Accrual of income - addition on account of accrued interest on NPA account as income - the assessee had adequately established that the interest received during the year as pertained to interest of those years when the assessee was accounting for the interest on accrual basis - No additions - AT

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