https://www.taxtmi.com/highlights?id=72822 Accrual of income - Money received under Marketing Assistance Programme [“MAP”] - It is also surprising that the AO chose to treat only the difference between the amounts received and spent, as income. In our view. if the amount received was income of the respondent/assessee, then the entire amount should have been treated as income. - HC en-us Tue, 31 Oct 2023 09:55:36 +0530 Tue, 31 Oct 2023 09:55:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72822 Accrual of income - Money received under Marketing Assistance Programme [“MAP”] - It is also surprising that the AO chose to treat only the difference between the amounts received and spent, as income. In our view. if the amount received was income of the respondent/assessee, then the entire amount should have been treated as income. - HC Highlights Income Tax Tue, 31 Oct 2023 09:55:36 +0530 https://www.taxtmi.com/highlights?id=72822