https://www.taxtmi.com/caselaws?id=32896 The High Court held that commission income accrued to the appellant only after finalization of the company's accounts and ascertainment of the amount. The court favored the appellant, emphasizing the importance of specific due dates for payment to establish income accrual. The judgment clarified the accrual of commission income for the assessment year 1989-90, emphasizing the significance of finalizing accounts and determining when income accrues based on terms of service and legal principles. en-us Mon, 15 Sep 2008 00:00:00 +0530 Fri, 16 Sep 2011 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32896 The High Court held that commission income accrued to the appellant only after finalization of the company's accounts and ascertainment of the amount. The court favored the appellant, emphasizing the importance of specific due dates for payment to establish income accrual. The judgment clarified the accrual of commission income for the assessment year 1989-90, emphasizing the significance of finalizing accounts and determining when income accrues based on terms of service and legal principles. Case-Laws Income Tax Mon, 15 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32896