As-18
Sukant Barua (2 Points)
07 February 2017
IF Sale was done in 29 june and delivery received in 1 july so revenue considered in june month or july month
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 07 February 2017
if all risk are transfered and not retained by seller and there is no uncertainity in collection recognise revenue on 29th june AS-9
CAclubindia
