https://www.taxtmi.com/caselaws?id=17370 Section 36(1)(viii) was explained as a self-contained deduction to be computed on the total income before Chapter VI-A deductions and before applying the clause itself. The analysis treats the gross total income base as the relevant measure, supported by the legislative scheme and the later amendment referenced in the text. On interest on disputed amounts, the note states that where an assessee consistently follows the hybrid system of accounting and recovery of the principal is itself doubtful, the claimed interest may be treated as unreal or illusory income and not taxed on accrual basis. en-us Wed, 22 May 1996 00:00:00 +0530 Mon, 21 Sep 2009 18:01:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17370 Section 36(1)(viii) was explained as a self-contained deduction to be computed on the total income before Chapter VI-A deductions and before applying the clause itself. The analysis treats the gross total income base as the relevant measure, supported by the legislative scheme and the later amendment referenced in the text. On interest on disputed amounts, the note states that where an assessee consistently follows the hybrid system of accounting and recovery of the principal is itself doubtful, the claimed interest may be treated as unreal or illusory income and not taxed on accrual basis. Case-Laws Income Tax Wed, 22 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17370