Statutory refund interest requires correction of short computation and compensation where admitted interest remains unpaid through administrative dela...
Cash basis for accounting - whether reimbursement received from the State Government should be taxed in the year in which such reimbursement was actually made by the State Government and not on accrual basis - taxability on cash basis allowed.
Cash basis for accounting - whether reimbursement received from the State Government should be taxed in the year in which such reimbursement was actually made by the State Government and not on accrual basis - taxability on cash basis allowed.
Note: It is a system-generated summary and is for quick reference only.