Accrual of interest - uncertainty - since the assessee was aware...
Assessee opts for conservative approach, excludes uncertain interest income from taxable income, no additions made.
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Income TaxJune 10, 2014Case LawsAT
Accrual of interest - uncertainty - since the assessee was aware of the fact that it will not receive any income as interest, following conservative policy, did not recognize the interest income which is uncertain - no addition - AT