Revenue recognition - sale of under construction flats - AO ...
Court Rules on Revenue Recognition for Under-Construction Flat Sales Using Percentage Completion Method by Assessing Officer.
October 24, 2019
Case Laws Income Tax AT
Revenue recognition - sale of under construction flats - AO directed to make an addition, bringing to tax by percentage completion method, the revenue out of the remaining executed agreements, if any, during the impugned assessment year.
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