Receipts allocated towards Warranty period - Revenue cost ...

Receipts in warranty period must follow revenue cost matching; no change needed in taxpayer's accounting method.

December 13, 2018

Case Laws Income Tax AT

Receipts allocated towards Warranty period - Revenue cost matching principle - there is no requirement to disturb the methodology adopted by the assessee in accounting for Warranty period receipts.

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Receipts allocated towards Warranty period - Revenue cost ...

Receipts in warranty period must follow revenue cost matching; no change needed in taxpayer's accounting method.

December 13, 2018

Case Laws Income Tax AT

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