Interest on Loans Must Be Recognized as Income per Section 5 of Income Tax Act, Despite Assessee's Real Income Claims.

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....Accrual of Interest on loans - Real income or not - Accrual of income u/s 5 - there was no choice for the assessing authority but to add back this amount as part of the income, though the assessee might have claimed this as not a real income or on any other basis. .... - HC....