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Income Tax - Highlights / Catch Notes

Home Highlights December 2022 Year 2022 This

Revenue recognition - uncertainties involved in quantifying and ...

Income Tax

December 19, 2022

Revenue recognition - uncertainties involved in quantifying and realization of revenues - AO cannot follow dual approach in taxing the revenues pertaining to earlier financial year and at the same time, disputing the deferment of revenues for the year under consideration on account of similar uncertainties involved. - AT

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