Accrual of income - addition on account of accrued interest on ...

Interest from Previous Years on Accrual Basis Not Added as Additional Income for NPA Account.

September 11, 2022

Case Laws Income Tax AT

Accrual of income - addition on account of accrued interest on NPA account as income - the assessee had adequately established that the interest received during the year as pertained to interest of those years when the assessee was accounting for the interest on accrual basis - No additions - AT

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Accrual of income - addition on account of accrued interest on ...

Interest from Previous Years on Accrual Basis Not Added as Additional Income for NPA Account.

September 11, 2022

Case Laws Income Tax AT

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