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    <title>Company Reverses Doubtful Interest Income Entry in Profit and Loss Account for Tax Purposes.</title>
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    <description>Reversal of interest - interest income which was taxed in the past by offering in the books of accounts forming part of the total income declared, however the same was a doubtful of recovery, therefore the assessee-company had justification to reverse that entry by charging the same in the P&amp;L account - AT</description>
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      <description>Reversal of interest - interest income which was taxed in the past by offering in the books of accounts forming part of the total income declared, however the same was a doubtful of recovery, therefore the assessee-company had justification to reverse that entry by charging the same in the P&amp;L account - AT</description>
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