Home / 
Computation of income from construction and service contracts.
X X X X Extracts X X X X
X X X X Extracts X X X X
....ncome from construction and service contracts. 43CB. (1) The profits and gains arising from a construction contract or a contract for providing services shall be determined on the basis of percentage....
X X X X Extracts X X X X
X X X X Extracts X X X X
....f time shall be determined on the basis of straight line method. (2) For the purposes of percentage of completion method, project completion method or straight line method referred to in sub-section ....