THARIF BUILDERS P. LTD,KOZHIKKODE vs. THEACIT, KOZHIKKODE

In the result, the appeals of the assessee are partly allowed

Bench: S/Shri Chandra Poojari, Am &George George K., Jm

undisclosed income for all the 3 years together. The Ld. AR submitted that the assessee company was following the method of account of crediting all the amounts received from the customers as one of the items of current liabilities and exhibited in the Balance Sheet. It was submitted that this amount received from the customers comprised of value

THARIF BUILDERS P. LTD,KOZHIKKODE vs. THEACIT, KOZHIKKODE

In the result, the appeals of the assessee are partly allowed