https://www.taxtmi.com/highlights?id=45517 Income recognition - AS-9 - under mercantile system accrual of income is relevant - the fact that bills were not raised is irrelevant - value of services recognized for the purpose of levy of service tax is not relevant in the context of computation of total income for the purpose of levy of income tax en-us Sat, 30 Mar 2019 08:54:33 +0530 Sat, 30 Mar 2019 06:10:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=45517 Income recognition - AS-9 - under mercantile system accrual of income is relevant - the fact that bills were not raised is irrelevant - value of services recognized for the purpose of levy of service tax is not relevant in the context of computation of total income for the purpose of levy of income tax Highlights Income Tax Sat, 30 Mar 2019 08:54:33 +0530 https://www.taxtmi.com/highlights?id=45517