The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the percentage completion method of Revenue recognition practised by Builder is acceptable as per Accounting Standards. The assessee was represented by Shri Suchek Ancheliya and the Department was represented by Shri Hoshang B. Irani. M/s Gopuram Developers, the assessee is a builder…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹2299 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now
