CORPORATE AND PROFESSIONAL UPDATE DECEMBER 12, 2015
CORPORATE AND PROFESSIONAL UPDATE DECEMBER 12, 2015 INCOME TAX ACT SECTION 5 ACCRUAL OF – INCOME Income : Where interest income from security accrued in terms of books of account maintained by assessee, but same was offered to tax on actual receipt, and Tribunal passed detailed order in favour of assessee in earlier year, which it followed …