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Builders income recognition

This query is : Resolved 
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(Querist)
25 November 2014 Can any one pls tell easy method in recognising income for builders (firm). There is no certification for work in progress. How to value and account work in progress?
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Rupesh Jain

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Rupesh Jain (Expert)
26 November 2014 you have to take the certificate of completion of work otherwise it is not possible to consider the income.
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