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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

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

Case Laws     Income Tax

September 10, 2015

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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