The present appeal has been filed by the assessee, against the order dated 19.03.2024, passed by Principal Commissioner of Income Tax (‘PCIT’ for short), Mumbai u/s. 263 of the Income Tax Act, 1961 ...

The tax relates to the prior year’s earnings and isn’t payable immediately ... money should be recorded in an accrued revenue receivable account representing an asset. Companies can also ...

The applicant sought clarity on whether GST ... of receivable amount from lessee, for period April 2020 to March 2023. 2.3 The applicant further argues as follows: I. ” Transaction value’ is the lease ...