Home / 
Tax Interest Accrual: Consider CBDT Circulars, Tax Only Upon Collection, Citing Income Tax Case Laws.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Addition of notional interest – accrual of interest - uncertainties exist - The relevant circulars of the Central Board of Direct Taxes cannot be ignored - interest can be taxed when collected - AT....