https://www.taxtmi.com/acts?id=3634 The provisions governing prior-year adjustments and deemed income adjustments applicable to business profits are to be applied, so far as may be, in computing income chargeable under Income from Other Sources, thereby aligning the treatment of recoveries and adjustments with that under Profits and Gains of Business or Profession; subsequent legislative omissions removed certain specific clauses relating to disposals or demolition of assets but do not change the directive to import the adjustment mechanisms. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 27 May 2025 15:49:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3634 The provisions governing prior-year adjustments and deemed income adjustments applicable to business profits are to be applied, so far as may be, in computing income chargeable under Income from Other Sources, thereby aligning the treatment of recoveries and adjustments with that under Profits and Gains of Business or Profession; subsequent legislative omissions removed certain specific clauses relating to disposals or demolition of assets but do not change the directive to import the adjustment mechanisms. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3634