https://www.taxtmi.com/caselaws?id=60297 The Tribunal allowed the appeals, determining that the change of accounting method from mercantile to cash system for interest realization was legitimate and allowable. The difference between interest receivable and received was not added to the appellant-company's income. The Tribunal found the change to be consistent and reflecting the true state of affairs, supporting the appellant-company's position. en-us Fri, 27 Jan 1989 00:00:00 +0530 Tue, 04 Jan 2011 15:43:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60297 The Tribunal allowed the appeals, determining that the change of accounting method from mercantile to cash system for interest realization was legitimate and allowable. The difference between interest receivable and received was not added to the appellant-company's income. The Tribunal found the change to be consistent and reflecting the true state of affairs, supporting the appellant-company's position. Case-Laws Income Tax Fri, 27 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60297