https://www.taxtmi.com/caselaws?id=55613 Subsidy payable under a government scheme does not accrue as income unless the assessee's right to receive it becomes enforceable. Where the Government disputed liability, rejected the claim, and the entitlement remained pending final adjudication, a mere claim or submission of bills did not create accrued income. The right to receive was not absolute in the relevant year, so the subsidy was not taxable as accrued income for that year. en-us Sat, 24 Mar 1984 00:00:00 +0530 Mon, 29 Nov 2010 10:11:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55613 Subsidy payable under a government scheme does not accrue as income unless the assessee's right to receive it becomes enforceable. Where the Government disputed liability, rejected the claim, and the entitlement remained pending final adjudication, a mere claim or submission of bills did not create accrued income. The right to receive was not absolute in the relevant year, so the subsidy was not taxable as accrued income for that year. Case-Laws Income Tax Sat, 24 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55613