Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2004 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2004 (6) TMI 581 - AT - Income TaxExtract: .......n the hands of the assessee company. Merely because the accrued receipt is diverted would not ipso facto extinguish the factum of accrual. For these reasons, we are inclined to uphold the action of the CIT(A) in sustaining the addition of Rs. 5,47,968 and dismiss the appeal of the assessee. 7. In the result, the appeal of the assessee is dismissed.
|