Mobile Companies can recognize revenue to extent of talk time used in case of prepaid talk time

 ITAT DELHI BENCH ‘G’ Assistant Commissioner of Income-tax versus Shyam Telelink Ltd. IT Appeal Nos. 177, 178 & 3802 (Delhi) of 2009 [A.Y.  2003-04, 2004-05 AND 2006-07] Date of Pronouncement- 09.07.2012 ORDER 1. These three appeals are directed against three separate orders of learned CIT(A) dt. 24th Oct., 2008, 31st Oct., 2008 and 26th June, 2009 for asst. yrs. 2003-04, 2004-05 and 2006-07 respectively. 2. In all the three appeals, there are some common grounds of appeal. Therefore, for the sake of convenience all the three appeals are being disposed of by...