https://www.taxtmi.com/caselaws?id=57051 The appeal by the revenue was dismissed, and it was held that the amount of Rs. 50,754.47 collected in excess of the prescribed storage charges did not constitute accrued income for the assessment year 1980-81. The assessee was not liable to tax on this amount for that year, and it would only be considered income in the year it was refunded to the potato-growers. en-us Fri, 16 Jul 1993 00:00:00 +0530 Wed, 08 Dec 2010 11:21:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57051 The appeal by the revenue was dismissed, and it was held that the amount of Rs. 50,754.47 collected in excess of the prescribed storage charges did not constitute accrued income for the assessment year 1980-81. The assessee was not liable to tax on this amount for that year, and it would only be considered income in the year it was refunded to the potato-growers. Case-Laws Income Tax Fri, 16 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57051