Accrual of income - Work relate to the installation and erection ...
Income from Equipment Installation Recognized Post-Completion Due to Varying Timeframes of 1-21 Months.
April 4, 2015
Case Laws Income Tax AT
Accrual of income - Work relate to the installation and erection of the equipment has been completed in subsequent years as the time taken varies between 1 month to 21 months. Therefore, the accrual of income earned happened only in subsequent years - AT
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