https://www.taxtmi.com/caselaws?id=64917 The assessee's claim of a regular hybrid system of accounting was rejected because the records showed prior years' income offered on accrual basis and no consistent hybrid method was proved. The deduction for advances written off was disallowed because the amounts were not shown to be true advances, nor was their revenue character or year of allowability established. Further weighted deduction under section 35B was denied as the expenditure was not substantiated as qualifying under the provision. Deduction for foreign income-tax under section 37(1) was also disallowed because relief, if any, lay under treaty or section 91 and no entitlement under section 37(1) was shown. en-us Mon, 29 Jun 1987 00:00:00 +0530 Fri, 11 Feb 2011 11:41:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64917 The assessee's claim of a regular hybrid system of accounting was rejected because the records showed prior years' income offered on accrual basis and no consistent hybrid method was proved. The deduction for advances written off was disallowed because the amounts were not shown to be true advances, nor was their revenue character or year of allowability established. Further weighted deduction under section 35B was denied as the expenditure was not substantiated as qualifying under the provision. Deduction for foreign income-tax under section 37(1) was also disallowed because relief, if any, lay under treaty or section 91 and no entitlement under section 37(1) was shown. Case-Laws Income Tax Mon, 29 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64917