2013 (2) TMI 374

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..... e judgment of CIT v. Realest & Services Ltd. (2008 (5) TMI 6 - SUPREME COURT) that method of accounting following consistently should not be disturbed because it was incorrect unless it could be shown that change in the method of accounting would result in gain for the Revenue. Both has recorded finding that no useful purpose will be served by changing the method when net result of excluding .....

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..... of the assessment year 2007-08 raising the following substantial questions of law: (i) Whether on the facts and circumstances of the case, the Hon'ble ITAT was right in law and on facts deleting the addition of Rs. 27,60,300/- made by the A.O. on account of disallowance of expenditure incurred for performing the Akhand Path, relating to earlier years when the assessee was following mixed syste .....

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..... erformance of Akhand Path? The Commissioner of Income Tax (Appeals) as well as the Tribunal have returned the findings of fact relying upon the judgment of Hon'ble the Supreme Court in the case of CIT v. Realest Services Ltd. 307 ITR (SC) 202 that method of accounting following consistently should not be disturbed because it was incorrect unless it could be shown that change in the method of .....

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