Tax Audit for Construction Company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 May 2011
We are engaging in the business of construction for developing a city. we have receved advance against development rights whether it will be included in the gross reciepts or not?
CA MANOJ GUPTA
(Expert)
07 May 2011
YES IT WILL B4E INCLUDED
SEE Deputy CIT v. Gopal Krishan Builders (2005) 1 (II) ITCL 376 (Luck-Trib)
CA MANOJ GUPTA
JODHPUR
09828510543
SEE Deputy CIT v. Gopal Krishan Builders (2005) 1 (II) ITCL 376 (Luck-Trib)
CA MANOJ GUPTA
JODHPUR
09828510543
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