https://www.taxtmi.com/highlights?id=71008 Accrual of income in current AY - duty drawback and service tax refund - the income would be receivable only when the income accrues to the assessee and income would accrue to the assessee only when the assessee gets such a right to receive the income. The assessee would get a right to receive only when it is sanctioned to the assessee by the custom authorities and not when the assessee makes a claim of the same. - AT en-us Thu, 20 Jul 2023 08:30:15 +0530 Thu, 20 Jul 2023 08:30:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71008 Accrual of income in current AY - duty drawback and service tax refund - the income would be receivable only when the income accrues to the assessee and income would accrue to the assessee only when the assessee gets such a right to receive the income. The assessee would get a right to receive only when it is sanctioned to the assessee by the custom authorities and not when the assessee makes a claim of the same. - AT Highlights Income Tax Thu, 20 Jul 2023 08:30:15 +0530 https://www.taxtmi.com/highlights?id=71008