The condition of reasonable certainty of ultimate collection is not laid down for taxation of interest, royalty and dividend. Whether the taxpayer is obliged to account for such income even when the collection thereof is uncertain.

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..... ollection thereof is uncertain. - ICDS IV : Revenue Recognition Income computation and disclosure standards - Income Tax - Manuals - FAQ - Dated:- 27-8-2017 - Manual - ICDS IV : Revenue Recognition .....

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