Accrual of income - Cancellation of recovery of the interest - ...

Income Tax

June 12, 2017

Accrual of income - Cancellation of recovery of the interest - Where the income can be said not to have resulted at all, there is obviously neither accrual nor receipt of income, even though an, entry to that effect may, in certain circumstances, have been made in the books of accounts. - AT

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Accrual of income - Cancellation of recovery of the interest - ...

Income Tax

June 12, 2017

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