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

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. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X