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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Accrual of income - treatment given by the assessee in its books ...


Taxable Income Must Align with Income Tax Act, Not Just Accounting Records.

February 17, 2015

Case Laws     Income Tax     AT

Accrual of income - treatment given by the assessee in its books of accounts is not conclusive or decisive so as to bring it into tax and in order to be computed in accordance with the provisions of the Act - AT

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