{"id":2342,"date":"2018-09-12T07:23:52","date_gmt":"2018-09-12T07:23:52","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dcit-v-commtel-networks-p-ltd-2018-171-itd-360-mum-trib\/"},"modified":"2018-09-12T07:23:52","modified_gmt":"2018-09-12T07:23:52","slug":"dcit-v-commtel-networks-p-ltd-2018-171-itd-360-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-commtel-networks-p-ltd-2018-171-itd-360-mum-trib\/","title":{"rendered":"DCIT  v. Commtel Networks (P.) Ltd. (2018) 171 ITD  360 (Mum)  (Trib.)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Tribunal held that , merely because retention money was accounted for in books of account, same could not be brought to tax without income having been actually accrued to assessee. Retention money is\u00a0 taxable\u00a0in assessment year in which it was actually\u00a0 received by the assessee.\u00a0 ( AY.2010-11, 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 5 : Scope of total income -Retention money- Merely because retention money was accounted for in books of account, same could not be brought to tax without income having been actually accrued- Retention money is  taxable  in assessment year in which it was actually received . [ S.4, 145 ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2342","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-BM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=2342"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2342\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}