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M/S. Fis Solutions (India) Pvt.Ltd, ... vs Deputy Commissioner Of Income-Tax, ... on 4

held that income could be said to have accrued when an enforcible debt was created in favour of the assessee. The relevant portion

that income could be said to be have accrued when an enforceable debt was created in favour of the assessee. The relevant portion ... which continued upto the date of the payment. Hence, an enforceable debt was created in favour of the assessee. It is to be noted that

held that income could be said to have accrued when an enforcible debt was created in favour of the assessee. The relevant portion

enable the creditor to come with a proceeding for enforcement of the debt even after expiry of the normal period of limitation as provided ... extinguish the debt but it would only prevent the creditor from enforcing the debt, has been well settled. It is enough to refer

creditor, or a contract between the parties, or by discharge of the debt -the debtor making payment thereof to his creditor. Transfer of an entry ... extinguish the debt but it would only prevent the creditor from enforcing the debt. 16. In our opinion, the judgment of the Supreme Court

pending for execution. (e) Debts recoverability whereof has become doubtful on account of shortfalls in value of security, difficulty in enforcing and realising the securities

respect of the advances, bills purchased and discounted, book debts and sundry debts and other assets, which are classified as 'Advances considered not readily ... each case to demand and enforce or obtain payment, provided, however, that if the amount of the debt exceeds Rs. 5,000 the transferee bank

Modu Timblo vs First Wealth-Tax Officer on 6 April, 1995 ORDER V.S. Gaitonde

Financial Assets and Enforcement of Security Interest Act, 2002 (" SARFAESI Act ") and issued e-auction notice. The appellant approached Debt Recovery Tribunal