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Revenu Recognize

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(Querist)
05 March 2009 Hi

My question is that a PVT LTd purchase a Land and Company itself build a building for commercial purpose and sell for the same.

My question

1. How revenu recognize.
2.Service tax and Vat applicable for the same sell to other.
3.AS 7 Applicable or not.
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
05 March 2009 1.On the date of sale agreement
2.No
3.No

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