IT : It is not mandatory for all real estate developers to workout their profits by following percentage of completion method as prescribed by Institute of Chartered Accountants of India under AS-7

-
IT : It is not mandatory for all real estate developers to workout their profits by following percentage of completion method as prescribed by Institute of Chartered Accountants of India under AS-7



[2013] 35 taxmann.com 38 (Jaipur - Trib.)

IN THE ITAT JAIPUR BENCH

Krish Infrastructure (P.) Ltd.

v.

Assistant Commissioner of Income-tax, Central Circle, Alwar*



------------------------------------

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