https://www.taxtmi.com/highlights?id=66388 Accrual of income - Addition of notional interest @ 10 % on deposit made - interest having neither been accrued to the assessee (as per specific terms of the Agreement placed on record before us) and neither any interest having being received by the assessee, such interest cannot be subject to tax in the hands of the assessee on purely “notional basis” - AT en-us Sun, 06 Nov 2022 17:13:34 +0530 Sun, 06 Nov 2022 17:13:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66388 Accrual of income - Addition of notional interest @ 10 % on deposit made - interest having neither been accrued to the assessee (as per specific terms of the Agreement placed on record before us) and neither any interest having being received by the assessee, such interest cannot be subject to tax in the hands of the assessee on purely “notional basis” - AT Highlights Income Tax Sun, 06 Nov 2022 17:13:34 +0530 https://www.taxtmi.com/highlights?id=66388