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Income accrues on completion of services; ITAT accepts Completion Contract Method for revenue recognition
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Corporate Tax
Income accrues on completion of services; ITAT accepts Completion Contract Method for revenue recognition
Posted on
on
August 26, 2014
Tenet Tax Daily August 26 2014
By
tenettax-team
Corporate Tax
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HC dismissed writ as alternate remedy was available to challenge issue regarding validity of reassessment notice
An assessee is entitled to interest on tax refund even if it arises after adjustment of MAT credit
