Method of accounting - project completion method - The matter ...

Case Laws Income Tax

February 13, 2015

Method of accounting - project completion method - The matter would thus stand to be decided on the basis of the entirety of the terms and the conditions of the contract/s, to determine the question if there has been transfer of all significant risks and rewards of ownership, coupled with the absence of the uncertainty associated with the realization of the revenue, so that sale can be said to have taken place. - AT

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Method of accounting - project completion method - The matter ...

Case Laws Income Tax

February 13, 2015

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