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10 November 2013 A contractor completes a particular contract in India in 3 years. How will his income earned from said project be assessed? whether yearwise assessment will be done or not? Can you please give me some case law regarding the assessment?
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Ravindra Srinivasa

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Ravindra Srinivasa (Expert)
14 November 2013 Hi,

The assessment will be done based on the income declared and returns filed for that particular year.

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