S. 145 : Method of accounting-Accrual of income-Sale of prepaid mobile cards-Matching concept & principles of Revenue Recognition as per Accounting Standards (AS-9, AS-22)-Amount received on sale of prepaid cards to the extent of unutilized talk time did not accrue as income in the year of sale. [S. 4, 5, AS. 9, AS. 22]
CIT v. ShyamTelelink Ltd( 2019) 410 ITR 31/ 173 DTR 89./ 260 Taxman 402 / 306 CTR 307(Delhi)(HC), www.itatonline.org CIT v. Sistema Shyam Teleservices Ltd( 2019) 410 ITR 31/ 173 DTR 89 / 306 CTR 307(Delhi)(HC), www.itatonline.org