https://www.taxtmi.com/caselaws?id=15094 The court determined that the income of Rs. 45,000 from the Malayalam dubbing rights accrued during the previous year, while the Rs. 50,000 from the Tamil dubbing rights did not accrue in the same period. The Commissioner's order including the income in the assessment year was upheld, emphasizing that the contract became binding upon the exchange of promises. The court referenced a prior case to support its decision. en-us Tue, 30 Nov 1999 00:00:00 +0530 Fri, 31 Jul 2009 18:52:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15094 The court determined that the income of Rs. 45,000 from the Malayalam dubbing rights accrued during the previous year, while the Rs. 50,000 from the Tamil dubbing rights did not accrue in the same period. The Commissioner's order including the income in the assessment year was upheld, emphasizing that the contract became binding upon the exchange of promises. The court referenced a prior case to support its decision. Case-Laws Income Tax Tue, 30 Nov 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15094