Accrual of income - efficiency gain - excess receipt towards ...
Efficiency Gain from Electricity Charges Must Be Reduced in Profit and Loss Account Per Income Tax Regulations.
November 3, 2018
Case Laws Income Tax AT
Accrual of income - efficiency gain - excess receipt towards electricity charges / tariff - the assessee is not free to use this efficiency gain amount the way it likes - they have rightly reduced the efficiency gain amount in their profit and loss account.
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