Rejecting the method of accounting adopted by the ...

Appellant challenges Revenue's inconsistent rejection of accounting method previously accepted for 1990-92, affecting earlier assessments.

November 20, 2021

Case Laws Income Tax HC

Rejecting the method of accounting adopted by the Appellant-Assessee for the AYs - In the present case, with the Revenue having accepted the Assessee’s method of accounting for AYs 1990-91 and 1991-92, there is no reason for it to reject it for the earlier three AYs particularly considering that it is the same contract spread over the five AYs. - HC

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Rejecting the method of accounting adopted by the ...

Appellant challenges Revenue's inconsistent rejection of accounting method previously accepted for 1990-92, affecting earlier assessments.

November 20, 2021

Case Laws Income Tax HC

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