https://www.taxtmi.com/highlights?id=25818 Accrual of income - Advances received from various producers - whether assessable as income for the respective assessment years or not? - When the assessee has returned these amounts in the subsequent years as the proposed assignment were not materialised then it would not be proper and appropriate to treat these amounts as income of the assessee - AT en-us Sat, 07 Nov 2015 20:36:56 +0530 Sat, 07 Nov 2015 20:36:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=25818 Accrual of income - Advances received from various producers - whether assessable as income for the respective assessment years or not? - When the assessee has returned these amounts in the subsequent years as the proposed assignment were not materialised then it would not be proper and appropriate to treat these amounts as income of the assessee - AT Highlights Income Tax Sat, 07 Nov 2015 20:36:56 +0530 https://www.taxtmi.com/highlights?id=25818