Revenue Recognition when case is pending before the sessions court, Income Tax

[Rajashekar Vaddatti]

Hi All,

Can anyone help us with  CASE LAWS ,on Postponement of Revenue Recognition by Real Estate Developers when the TRANSFER OF PROPERTY IS DISPUTED before the court.

Posts / Replies

[r.rajkumar kumar]

AS PER STANDARD ACCOUNTS PRATIC Y CANNOT RELEASE THE REVENU ONCE PENDING IN COURT OF LAW.