M/S. Microsoft Corporation India Pvt. ... vs Dcit, New Delhi on 12 October, 2020
that claim made by Appellant should be allowed
as per the matching concept
15.2 That on facts and circumstances of the case
Search Results Page
Search Results
161 - 170 of 9992 (3.91 seconds)Addl Cit Rg 24(1), Mumbai vs Arun Damji Gada, Mumbai on 19 January, 2018
more so keeping
in mind various judicial pronouncements and the concept of matching
of costs with revenues and timing issues, that the appellant ought ... taxable profits as per its view, hence not made
provisions then. Concept of matching costs with revenue is stressed
upon. However, during course of assessment
Universal Education Foundation, ... vs Asst Dit (E) Ii(2), Mumbai on 26 June, 2019
mercantile system of
accounting, this matching is required to be done on accrual basis. Under
this matching concept, revenue and income earned during an accounting
Dcit, New Delhi vs Synthes Medical Pvt. Ltd., New Delhi on 31 March, 2017
years, it can be allowed only if the principle of 'Matching Concept' is satisfied,
which upto now has been restricted to the cases ... revenue expenditure can be spread or under the principle of matching
concept and not otherwise. The Ld. CIT-A has observed that in respect
M/S Super Tech Forgings (India) Pvt. ... vs The Dy Commissioner Of Income Tax, ... on 30 November, 2017
with in the same previous year. Thus, by application of the matching
concept, in a year where there is no exempt income, there cannot
M/S.Kerala Communicators Cable Ltd, ... vs The Acit, Circle-1(1), Thrissur, ... on 30 April, 2019
Income Tax Act,
revenue and expense shall follow matching concept, the
claim of assessee of depreciation at such higher rates is
proper.
5) Alternatively, cost
Prabhatam Advertising Pvt. Ltd., Delhi vs Dcit, New Delhi on 19 December, 2018
years, it can be allowed only if
the principle of 'Matching Concept' is satisfied, which upto now has
been restricted to the cases
Mr.M.J Aravind, Bangalore vs Joint Commissioner Of Income-Tax, ... on 20 April, 2018
provided the detailed explanation in this
regard
b) The principle of matching concept has been enunciated by the
apex court in the case ... been held the revenues for the period have to be matched with the
costs or expenses of that period. Thus all expenses attributable to
income
Khetawat Properties Ltd., Kolkata vs Pr.Cit-4,, Kolkata on 22 November, 2019
this assessment year has booked its revenue following the principles of
matching concepts that the expenditure need to be allowed as deduction which claim ... allowable as deduction in the year under
consideration as per the concept of matching principle. It is pertinent to note here that
the similar method
Alagumalai Impex Pvt Ltd., Chennai vs Dcit, Chennai on 11 July, 2017
with in the same previous year. Thus, by application of the
matching concept, in a year where there is no exempt income, there
cannot