https://www.taxtmi.com/highlights?id=23375 Accrual of income - it has to be admitted that future interest cannot be taken as income. However, when assessee bundles it and sells it as a portfolio for a discount, the amount did accrue and received on the date of entering agreement.- AT en-us Thu, 18 Jun 2015 12:16:26 +0530 Thu, 18 Jun 2015 12:16:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=23375 Accrual of income - it has to be admitted that future interest cannot be taken as income. However, when assessee bundles it and sells it as a portfolio for a discount, the amount did accrue and received on the date of entering agreement.- AT Highlights Income Tax Thu, 18 Jun 2015 12:16:26 +0530 https://www.taxtmi.com/highlights?id=23375