Accounting Standard

This query is : Resolved

Dhruvesh Shah (Querist)
Follow

22 November 2008 A person who engage in Construction of residential flat for the purpose of sale after construction works are complete in that cirumstances AS-7 are applicable or not for Revenue Recognised in the books of accounts in assesse. Pls reply the queries along with citation of court case if any.

Ravikumar.G

Ravikumar.G (Expert)
Follow

22 November 2008 The AO may make a Best Judgment assessment (BJA) as specified in sec 144, in case he is not satisfied about correctness and completeness of books, method of accounting and ACCOUNTING STANDARDS followed by the assessee.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA K GIRIDHAR

shubham agrawal

T E SOUNDARARAJAN

Krishnan V

Sivanath VV

Subscribe Now

Accounting Standard

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

GST CONSULTANCY

Manager- Finance and Compliance

Accountant

GST CONSULTANT

Senior Executive