TMI BlogInterest income - system of accounting - The assessee is not permitted to use mixed or hybrid system of...Interest income - system of accounting - The assessee is not permitted to use mixed or hybrid system of accounting under which some items of income / expenditure are accounted for under cash system and the remaining items of income / expenditure are accounted for under mercantile. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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