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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Accrual of income - Merely because retention money is accounted ...

Income Tax

June 22, 2018

Accrual of income - Merely because retention money is accounted for in the books of account, that by itself does not make it taxable in A.Y. 2010-11 when in law the same cannot be said to have accrued in that year as discussed above.

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