TMI BlogRevenue Recognition Timing for Sale Deeds Misaligned with Cash or Mercantile Accounting Systems.Accrual of income - Recognizing the revenue when the sale deed has been registered by the Assessee in favour of the buyer cannot be regarded to be either cash or mercantile system of accounting - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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