181 results for “depreciation”+ Section 145clear
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In the result, the appeal of the assessee is partly allowed for statistical purposes
Bench: Shri Chandra Poojari & Shri George K. Georgeassessment Year: 2008-09
145, the Board has issued accounting standards to be followed by way of a Notification No. SO 69(E), dated 25-1-1996. [Para 5] Clause (6) of the Accounting Standard defines 'accrual' for the purpose of paragraphs (1) to (5) in the said Accounting Standards. 'Accrual' refers to the assumption that revenues and costs are accrued, that is, recognized