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1986 (1) TMI 9 - CALCUTTA HIGH COURTExtract: .......ld that merely because the assessee followed the mercantile system of accounting, the income accrued in the year in which the breach of contract took place. We, therefore, answer the question referred to us in the affirmative, in favour of the assessee and against the Department. There will be no order as to costs. MUKUL GOPAL MUKHERJI J.--I agree.
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