TMI BlogAccrual of income - recognition of revenue - change in method of accounting policy from recognition of...Accrual of income - recognition of revenue - change in method of accounting policy from recognition of Commission for insurance agency business from month of insurance/renewal of the policy and on payment of premium by the policy holder to only payment of premium by the policy holder - since this change was accepted by Department in subsequent four AY u/s 143(3) - no substantial question of law arises ..... X X X X Extracts X X X X X X X X Extracts X X X X
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