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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Accrual of income - income can be said to accrue only when it ...

August 22, 2016

Case Laws     Income Tax     AT

Accrual of income - income can be said to accrue only when it becomes due and must be accompanied by corresponding liability of the other party to pay the amount and only then it can be said that for the purpose of income-tax that the income has accrued to the assessee - AT

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