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Income Tax - Highlights / Catch Notes

Home Highlights June 2013 Year 2013 This

Project completion method rejected by the AO - there is no ...


Assessing Officer Rejects Project Completion Method, No Revenue Impact Found; Income Deemed Revenue Neutral, No Extra Tax.

June 26, 2013

Case Laws     Income Tax     AT

Project completion method rejected by the AO - there is no revenue effect and the income offered by the assessee on completion of the project is revenue neutral. - No addition - AT

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