The “project completion method” is one of the recognized methods of accounting and cannot be rejected by the AO
The “project completion method” is one of the recognized methods of accounting and cannot be rejected by the AO The…
percentage completion method
Recent Posts
- Income Tax Demand Recovery: Can the AO Attach Your Bank Account While Your Appeal Is Pending?
- Updated ITR: Can CPC Charge Section 234B Interest Beyond the Date of Tax Payment?
- Section 69C Cannot Apply When Source of Payment Is Known
- ₹11.22 Crore Addition and 500 Trees: An Unusual Second Chance by ITAT Chandigarh
- Interest on Land Acquisition Compensation: Can It Be Taxed Separately?
- Section 80GGC: A Bank Payment Is Not Always Enough-But a General Allegation Is Not Enough Either
- New Income-tax Act, 2025: Can JCIT(A) Set Aside an Assessment? A Small Drafting Change May Create a Big Litigation Issue
- CIT(A) Cannot Tell AO to Reopen Another Assessment Year
- DVO Valuation and 10% Tolerance Band: Can the Income Tax Department Tax a Difference in Property Value after DVO report?
- Section 87A Rebate on STCG under Section 111A – Ready-to-Use Application before the Assessing Officer
