Method of accounting - when the services are rendered partially, ...

Revenue Must Be Recognized Proportionately for Partially Rendered Services; Assessee Can Distribute Membership Fees and Expenses Accordingly.

January 22, 2015

Case Laws Income Tax HC

Method of accounting - when the services are rendered partially, revenue is to be shown proportionate to the degree of completion of the service and therefore the assessee was justified in spreading over the amount of membership fee and expenses. - HC

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Method of accounting - when the services are rendered partially, ...

Revenue Must Be Recognized Proportionately for Partially Rendered Services; Assessee Can Distribute Membership Fees and Expenses Accordingly.

January 22, 2015

Case Laws Income Tax HC

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