Notional interest on debentures - the incomes are not taken into ...

Notional Interest on Debentures Not Income Until Realization is Certain; Anticipated Losses Accounted Early on Uncertainty.

July 10, 2013

Case Laws Income Tax AT

Notional interest on debentures - the incomes are not taken into account till the point of time that there is a reasonable degree of certainty of its realization, while all anticipated losses are taken into account as soon as there is a possibility, howsoever uncertain, of such losses being incurred. - AT

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Notional interest on debentures - the incomes are not taken into ...

Notional Interest on Debentures Not Income Until Realization is Certain; Anticipated Losses Accounted Early on Uncertainty.

July 10, 2013

Case Laws Income Tax AT

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