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Assessee's Revenue Recognition Method Accepted; TDS Credit Limited to Taxed Amount by Commissioner of Income Tax (Appeals.

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Full Text of the Document

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....Revenue recognition - Additions based on TDS statement 26AS - Assessee claimed a part of the amount as received in Advance while claiming the entire TDS credit in the same year - CIT(A) rightly accepted the revenue recogination based on accounting policy being followed by the assessee and restricting the TDS credit corresponding to the amount offered for tax - AT....