https://www.taxtmi.com/highlights?id=50186 Accrual of interest income - Merely because GSL Educational Society decided not to make payment, accrued income cannot be reduced. The income has to be computed as per the provisions of the Act and as per which the amount accrued as per the system of accounting followed by the assessee required to be taxed. en-us Wed, 13 Nov 2019 10:08:04 +0530 Tue, 12 Nov 2019 16:37:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50186 Accrual of interest income - Merely because GSL Educational Society decided not to make payment, accrued income cannot be reduced. The income has to be computed as per the provisions of the Act and as per which the amount accrued as per the system of accounting followed by the assessee required to be taxed. Highlights Income Tax Wed, 13 Nov 2019 10:08:04 +0530 https://www.taxtmi.com/highlights?id=50186