TMI BlogAddition of revaluation of closing WIP - the work in progress followed at cost + net profit so as to...Addition of revaluation of closing WIP - the work in progress followed at cost + net profit so as to bring the contract revenue for the period lying with the requirement of AS 7 as prescribed by ICAI and adopted u/s 145 - method of accounting consistently followed year after year - adhoc addition wrongly made ..... X X X X Extracts X X X X X X X X Extracts X X X X
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