https://www.taxtmi.com/caselaws?id=58649 The Tribunal upheld the appellant's method of accounting on a cash basis for taxing interest and commission income from M/s. Somaiya Organo Chemicals Ltd. It also directed that credit for Tax Deducted at Source (TDS) should be given as per the provisions of the Income Tax Act during the relevant period. The Tribunal's decision was based on established legal principles and previous judicial precedents, ensuring consistency and fairness in the assessment process. en-us Thu, 15 Feb 1996 00:00:00 +0530 Tue, 21 Dec 2010 13:23:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58649 The Tribunal upheld the appellant's method of accounting on a cash basis for taxing interest and commission income from M/s. Somaiya Organo Chemicals Ltd. It also directed that credit for Tax Deducted at Source (TDS) should be given as per the provisions of the Income Tax Act during the relevant period. The Tribunal's decision was based on established legal principles and previous judicial precedents, ensuring consistency and fairness in the assessment process. Case-Laws Income Tax Thu, 15 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58649