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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Assessee having consistently followed percentage completion ...


Taxpayer Correctly Applied Method, No Additions Needed on Advances Received for Project Following Standards.

August 8, 2014

Case Laws     Income Tax     AT

Assessee having consistently followed percentage completion method as per the accounting standards and completed the project in the later years, no addition could be made on the advances received during the year - AT

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