TMI BlogWhether the recognition of retention money, receipt of which is contingent on the satisfaction of certain performance criterion is to be recognized as revenue on billing.X X X X Extracts X X X X X X X X Extracts X X X X ..... tracts Income computation and disclosure standards - Income Tax - Manuals - FAQ - Dated:- 22-8-2017 - Manual - ICDS III : Construction Contracts Retention money, being part of overall contract r ..... X X X X Extracts X X X X X X X X Extracts X X X X
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