Accrual of interest income – interest was not received - doubt ...

Interest Must Be Taxed Even If Not Received; Doubts About Future Receipt Don't Exclude It From Income.

July 12, 2014

Case Laws     Income Tax     AT

Accrual of interest income – interest was not received - doubt on receipt of income in future - non-receipt of interest alone cannot be a criteria for not offering the same as the income of the assessee - AT

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