Taxpayer Correctly Applied Method, No Additions Needed on Advances Received for Project Following Standards.

Taxpayer Correctly Applied Method, No Additions Needed on Advances Received for Project Following Standards. https://www.taxtmi.com/highlights?id=19606 Assessee having consistently followed percentage completion method as per the accounting standards and completed the project in the later years, no addition could be made on the advances received during the year - AT en-us Fri, 08 Aug 2014 09:36:44 +0530 Fri, 08 Aug 2014 09:36:44 +0530 TaxTMI RSS Generator Taxpayer Correctly Applied Method, No Additions Needed on Advances Received for Project Following Standards. https://www.taxtmi.com/highlights?id=19606 Assessee having consistently followed percentage completion method as per the accounting standards and completed the project in the later years, no addition could be made on the advances received during the year - AT Highlights Income Tax Fri, 08 Aug 2014 09:36:44 +0530 https://www.taxtmi.com/highlights?id=19606