Revenue recognition - accounting process - Simply because ...

Income Tax

July 9, 2020

Revenue recognition - accounting process - Simply because progress billing was more than the stage of percentage of completion, the same, in itself, could not be the basis to usurp the consistent method of accounting being followed by the assessee. - Additions made by AO deleted.

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Revenue recognition - accounting process - Simply because ...

Income Tax

July 9, 2020

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