https://www.taxtmi.com/caselaws?id=279985 The court ruled that the disputed amount of Rs. 9,08,787, claimed as receivable from BCCL, did not accrue to the assessee and should not be taxed. However, the balance amount of Rs. 1,47,990 was deemed as accrued income for the relevant assessment year. The judgment emphasized the principle of "real income" and allowed for write-off provisions if the unrecovered amount remained. Ultimately, the assessee was granted relief of Rs. 17,60,797 (Rs. 9,08,787 - Rs. 1,47,990). en-us Thu, 28 Nov 1991 00:00:00 +0530 Tue, 16 Apr 2019 14:26:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279985 The court ruled that the disputed amount of Rs. 9,08,787, claimed as receivable from BCCL, did not accrue to the assessee and should not be taxed. However, the balance amount of Rs. 1,47,990 was deemed as accrued income for the relevant assessment year. The judgment emphasized the principle of "real income" and allowed for write-off provisions if the unrecovered amount remained. Ultimately, the assessee was granted relief of Rs. 17,60,797 (Rs. 9,08,787 - Rs. 1,47,990). Case-Laws Income Tax Thu, 28 Nov 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279985