Service Tax/VAT not to be considered for recognizing revenue under AS7

Veolia India Pvt. Ltd. Vs DCIT (ITAT Delhi)

Ground- Learned CIT(A) has erred in considering amounts aggregating to Rs.26,839,975 towards Value Added Tax and Service Tax included in the customer’s work order as constituting part of construction contract value for the purposes of recognizing revenue under AS7.

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