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![Percentage completion method of Revenue recognition Practised by Builder is acceptable as per Accounting Standard: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Revenue-recognition-Accounting-Standard-ITAT-taxscan.jpg "Percentage completion method of Revenue recognition Practised by Builder is acceptable as per Accounting Standard: ITAT [Read Order]")
Percentage completion method of Revenue recognition Practised by Builder is acceptable as per Accounting Standard: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the percentage completion method of Revenue recognition practised by...
![Advance received from Customer is Taxable since Builder following Percentage Completion Method of Accounting: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/06/Builders-and-Developers.jpg "Advance received from Customer is Taxable since Builder following Percentage Completion Method of Accounting: ITAT [Read Order]")