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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Recognition of income under constriction contract - A fact which ...


Court Examines Income Recognition Dispute: Completed Contract vs. Percentage of Completion Method in Construction Contracts.

March 26, 2019

Case Laws     Income Tax     HC

Recognition of income under constriction contract - A fact which has not been addressed by either the AO or the ITAT is that the Assessee follows the CCM and not the PCM.

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