Accrual of income - life time consultancy fee - deferment of...
Appellant defers lifetime consultancy fees until received, supported by balance sheet, profit and loss account, Form 3CD.
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Income TaxOctober 28, 2013Case LawsAT
Accrual of income - life time consultancy fee - deferment of revenue - The appellant has accounted the said advances as and when realized. The same are accounted in the years of realization. Sufficient proof in the name of balance sheet and P & L account and Form 3CD to support the case of the appellant - AT