matching concept

  • Income Tax

Unutilized talk time on sale of prepaid cards not accrue as income in the year of sale

Amount received on sale of prepaid cards to the extent of unutilized talk time did not accrue as income in…

5 years ago
  • Income Tax

Unexpired AMC charges not income but advance. Due to refund obligation, the whole income did not accrue at the time of entering into contract – ITAT

Unexpired AMC charges not income but advance. Due to refund obligation, the whole income did not accrue at the time…

7 years ago