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recording of income and expenses

Accounting standards for real estate sector to change: Revenue Department

Accounting standards for real estate sector to change: Revenue Department
The Revenue Department has declared that it is going to introduce changes in the accounting standards for the real estate sector to bring about uniformity in reporting of financial results. The Central Board of Direct Taxes (CBDT) has stated that the report of the CBDT appointed committee on accounting standard for the real estate sector [...] Continue Reading »



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