https://www.taxtmi.com/highlights?id=22086 Revenue recognition as per AS-7 - guidance note was issued in 2012 and could not have been the basis for the additions made. Under such circumstances, in our opinion, the correct approach should be to examine the reasonableness of claim rather than strictly apply a guidance note - HC en-us Fri, 13 Mar 2015 11:52:08 +0530 Fri, 13 Mar 2015 11:52:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22086 Revenue recognition as per AS-7 - guidance note was issued in 2012 and could not have been the basis for the additions made. Under such circumstances, in our opinion, the correct approach should be to examine the reasonableness of claim rather than strictly apply a guidance note - HC Highlights Income Tax Fri, 13 Mar 2015 11:52:08 +0530 https://www.taxtmi.com/highlights?id=22086