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Advance tax of construction business

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12 September 2014 sir how to wrork out on advance tax of construction business? There we have sale price, expenses like depreciation and also work in progress. so how to transfer wip to cost of construction in proportionate to sales of that duration. pls suggest ASAP bcoz day after tomorrow is due date.

12 September 2014 on completion basis you required to transfer from WIP to cost.


Percentage completion method please refer AS 7



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