Royalty Income Must Be Recognized Over Agreement Duration According to AS-9 Guidelines by ICAI.

Royalty Income Must Be Recognized Over Agreement Duration According to AS-9 Guidelines by ICAI. https://www.taxtmi.com/highlights?id=39458 Revenue recognition - Royalty income - as per the revenue recognition prescribed under AS-9 of ICAI in respect of royalties, the same has to be recognized only over the validity of tenure of the agreement which has been rightly done by the assessee. - AT en-us Fri, 18 May 2018 08:30:49 +0530 Fri, 18 May 2018 08:30:49 +0530 TaxTMI RSS Generator Royalty Income Must Be Recognized Over Agreement Duration According to AS-9 Guidelines by ICAI. https://www.taxtmi.com/highlights?id=39458 Revenue recognition - Royalty income - as per the revenue recognition prescribed under AS-9 of ICAI in respect of royalties, the same has to be recognized only over the validity of tenure of the agreement which has been rightly done by the assessee. - AT Highlights Income Tax Fri, 18 May 2018 08:30:49 +0530 https://www.taxtmi.com/highlights?id=39458