Accrual of income - Merely because retention money is accounted ...

Retention Money Not Taxable in 2010-11 Without Legal Accrual; Accounting Entry Insufficient for Tax Liability.

June 22, 2018

Case Laws Income Tax AT

Accrual of income - Merely because retention money is accounted for in the books of account, that by itself does not make it taxable in A.Y. 2010-11 when in law the same cannot be said to have accrued in that year as discussed above.

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Accrual of income - Merely because retention money is accounted ...

Retention Money Not Taxable in 2010-11 Without Legal Accrual; Accounting Entry Insufficient for Tax Liability.

June 22, 2018

Case Laws Income Tax AT

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