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Income Tax - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

Revenue recognition - AO will not be justified to work out the ...


Court Challenges Selective Use of Percentage of Completion Method for Revenue Recognition in Disputed Year's Tax Assessment.

November 18, 2017

Case Laws     Income Tax     AT

Revenue recognition - AO will not be justified to work out the profit by applying percentage of completion method during the impugned year on selective basis - AT

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