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1986 (5) TMI 9 - HC - Income TaxExtract: .......is cannot arise. For the reasons aforesaid, we are of the view that the Tribunal was not right in holding that only proportionate interest referable to the assessment year is assessable on accrual basis. The question, therefore, is answered in the negative and in favour of the Revenue. There will be no order as to costs. DIPAK KUMAR SEN J.-I agree.
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