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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Method of accounting - Assessee rightly contended that if bills ...


Assessee Claims Bill Realization Timing in Same Fiscal Year Doesn't Affect Mercantile Accounting Method Choice.

December 30, 2014

Case Laws     Income Tax     AT

Method of accounting - Assessee rightly contended that if bills raised are realized in that very financial year, then it cannot be a basis to come to the conclusion that assessee was not following mercantile system of accounting - AT

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