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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

There is nothing wrong on the part of the assessee in not ...


Assessee Not Liable for Treating Work Advances as Income Until Bill Submission and Client Acceptance.

August 8, 2014

Case Laws     Income Tax     AT

There is nothing wrong on the part of the assessee in not considering the amount representing work advances as income accruing or arising to it until a regular bill for work done is submitted and accepted by its clients - AT

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