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Home > Judiciary > Comments on Where income is taxable on receipt basis it will be taxed only on actual received and interest under sec 234B and C also have same effect
ONCE INCOME IS RECEIVED ONLY IT IS INCOME RECEIVED ELSE IT IS NOTIONAL. TAX CAN BE VIABLE ONCE IF ONE RECEIVES THE INCOME. WITHOUT RECEIPT HOW ONE CAN PAY A TAX ON SOMETHING NOTIONAL?
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