https://www.taxtmi.com/caselaws?id=238314 Revenue is recognised under the project completion method only on delivery or completion where that method is consistently followed and in conformity with section 145(2); invoices raised before services are rendered are therefore treated as deferred income, not accrued income, and the corresponding addition is not sustained. Payments for networking or bandwidth connectivity services, when made for services rather than for the right to use equipment, do not constitute royalty-related consideration and are not subject to tax withholding under the cited TDS provision; the related disallowance is therefore not sustainable. en-us Fri, 04 Oct 2013 00:00:00 +0530 Mon, 21 Oct 2013 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238314 Revenue is recognised under the project completion method only on delivery or completion where that method is consistently followed and in conformity with section 145(2); invoices raised before services are rendered are therefore treated as deferred income, not accrued income, and the corresponding addition is not sustained. Payments for networking or bandwidth connectivity services, when made for services rather than for the right to use equipment, do not constitute royalty-related consideration and are not subject to tax withholding under the cited TDS provision; the related disallowance is therefore not sustainable. Case-Laws Income Tax Fri, 04 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238314