Question

Aman earned certain interest income, which he wants to offer to tax under the head

“Income from Other Sources” on cash basis. However, he wants to claim deduction for

certain expenditure on accrual basis. He can claim deduction ................

(a) Only on accrual basis

(b) Only on cash basis

(c) Accrual or cash basis, whichever is more beneficial to him

(d) None of the above​

Answer 1

Answer:

(c) Accrual or cash basis, whichever is more beneficial to him

Explanation:

hope this answer helped