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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Rejection of books of accounts - The explanation added by way of ...

Income Tax

November 25, 2015

Rejection of books of accounts - The explanation added by way of Notes to the Accounts was not taken note of by the ITAT when it came to the conclusion that the percentage completion method should apply to the Assessee. - project completion method was certainly one of the recognized methods and has been consistently followed by it - No addition - HC

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