https://www.taxtmi.com/caselaws?id=37386 The High Court of Madras upheld the taxation of the accrued sums in the hands of Abdul Rahiman and Adam Sahib for the assessment year 1971-72, emphasizing that once income accrues, any subsequent waiver does not affect taxability. The Court relied on precedents to support its decision and ruled in favor of the revenue, declining to address the aspect of relief for non-receipt. en-us Tue, 13 Feb 1979 00:00:00 +0530 Mon, 29 Mar 2010 13:23:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37386 The High Court of Madras upheld the taxation of the accrued sums in the hands of Abdul Rahiman and Adam Sahib for the assessment year 1971-72, emphasizing that once income accrues, any subsequent waiver does not affect taxability. The Court relied on precedents to support its decision and ruled in favor of the revenue, declining to address the aspect of relief for non-receipt. Case-Laws Income Tax Tue, 13 Feb 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37386