Accrual of income - it was received only as advance for ...

Advance Payments Not Taxable Until Contract Fulfillment: Income Tax Case Law Clarifies Timing for Assessment.

September 10, 2015

Case Laws Income Tax AT

Accrual of income - it was received only as advance for performing projects in future. Advances received cannot be assessed in the year of receipt but has to be assessed in the year of performing contract - AT

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Accrual of income - it was received only as advance for ...

Advance Payments Not Taxable Until Contract Fulfillment: Income Tax Case Law Clarifies Timing for Assessment.

September 10, 2015

Case Laws Income Tax AT

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