Monday 20 May 2013

Retention money withheld for satisfactory execution of a contract can't be stamped as income of asse

IT : Where assessee was awarded a contract and in terms of contract certain amount was withheld by contractee towards retention money for satisfactory execution of contract by assessee, retention money did not represent assessee's accrued income


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  1. saivenkat4 November 2020 at 03:03

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