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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Recognition of income - determination of value of WIP - Merely ...

Income Tax

August 17, 2015

Recognition of income - determination of value of WIP - Merely because assessee has offered the same to tax in A.Y. 2004-05 cannot be a ground to reduce the correct WIP from ₹ 4.94 crores to ₹ 3 crores for A.Y. 2001-02. - AT

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