Dlf Ltd And Another vs Additional Commissioner Of Income Tax & ... on 28 March, 2014
2363/2013 Page 1 of 21
followed Percentage of Completion Method (POCM, for short)1 as
distinct from completed contract method. The petitioner had also ... conditions stipulated in Section 142(2A) for the following reasons:-
(i) POCM was well recognised and accepted by the Revenue.
In terms of Accounting Standard