Revenue recoginition

This query is : Resolved 

24 October 2012 when the revenue is to be recongised in the case of preference dividend and equity dividend.please explain the treatment un both cases

24 October 2012 Dividend is to be recognised When Proposed & Passed as Per AS9.
But Still Many Book it on Receipt Basis.
Since This is Exempted Income, Till Date No Such Contradiction Made by Department.


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