https://www.taxtmi.com/caselaws?id=22949 The High Court of Delhi dismissed the petition regarding the taxation of interest on fixed deposit on accrual or cash basis for the assessment year 1978-79. The fixed deposit matured in 1977, and tax was paid on receipt basis, which was accepted by the assessee. No reference was deemed necessary as the issue had become academic. No costs were awarded. en-us Thu, 30 Aug 1990 00:00:00 +0530 Tue, 15 Dec 2009 15:24:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22949 The High Court of Delhi dismissed the petition regarding the taxation of interest on fixed deposit on accrual or cash basis for the assessment year 1978-79. The fixed deposit matured in 1977, and tax was paid on receipt basis, which was accepted by the assessee. No reference was deemed necessary as the issue had become academic. No costs were awarded. Case-Laws Income Tax Thu, 30 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22949