Enhancement of Income - Accrual of interest income - it is...
Interest Income Accrues Monthly on First Day; Adjustments for Different Accrual Dates Removed per Loan Agreement and Deed of Assignment.
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
https://www.taxtmi.com/hi...
✓ Copied successfully !
Print
Print Options
ExpandCollapse
Income TaxFebruary 4, 2020Case LawsAT
Enhancement of Income - Accrual of interest income - it is crystal clear that the interest for a particular month accrues on the first day of the next month as laid out in para 3.5 of the Loan Agreement and recital in the Deed of Assignment. - Additions deleted.