22 September 2011
Are not construction comapany require to follow percentage completion method mendatorily, while recognising their revenue ? or Is there a option to follow either project completion method or percentage completion method?
29 September 2011
look jayesh only when the construction company is constructing on behalf of other party i.e. constructing for other client then only AS 7 is applicable
29 September 2011
look jayesh only when the construction company is constructing on behalf of other party i.e. constructing for other client then only AS 7 is applicable
29 September 2011
if the construction company is undertaking the work for his own buildings or constructing flats and then selling them, then no AS - 7 is applicable, AS- 2 will be applicable in that case
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