Recoganiasation of income in real state.

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Querist : Anonymous

Querist : Anonymous (Querist)

10 July 2013 Dear,

How to Recoganiasation of Income In Real State. Can we use the % compliation Method if yes than How to use the % Compliation.

CMA Ramesh Krishnan (Expert)
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22 August 2013 Incase longterm construction contract you can use the percentage of completion method under AS-7

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