Income could not be charged to tax if its receipt was uncertain due to some dispute

INCOME TAX : Where assessee, State Government undertaking, engaged in business of transmission of electricity raised demand upon State electricity boards of other states towards transmission charges (wheeling charges) for transmission of exchange of electricity amongst those States, since there was a dispute with regard to such wheeling charges amongst all these states and these was an uncertainty of receiving same, assessee was justified in not recognising revenue on account of such wheeling ch

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