TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>ICDS III mandates 'percentage of completion' method for construction contracts, aligning revenue and expenses with project progress.</h1> Revenue and expenses from construction contracts under ICDS III are recognized using the 'percentage of completion' method. This approach involves reporting revenue, expenses, and profit according to the proportion of work completed by the reporting date. This method ensures that the financial statements reflect the progress of the contract activity accurately, aligning income and costs with the actual stage of completion.
TaxTMI 
TaxTMI 