https://www.taxtmi.com/highlights?id=61470 Hybrid system of accounting - interest accrued on investments chargeable to tax - Whether ITAT erred holding that the assessee can compute its income chargeable under the head business and profession under hybrid system of accounting when Sec.145 of the Act does not allow the assessee to follow such system of accounting - Decided in favor of assessee - HC en-us Sat, 15 Jan 2022 12:56:32 +0530 Sat, 15 Jan 2022 12:56:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61470 Hybrid system of accounting - interest accrued on investments chargeable to tax - Whether ITAT erred holding that the assessee can compute its income chargeable under the head business and profession under hybrid system of accounting when Sec.145 of the Act does not allow the assessee to follow such system of accounting - Decided in favor of assessee - HC Highlights Income Tax Sat, 15 Jan 2022 12:56:32 +0530 https://www.taxtmi.com/highlights?id=61470