https://www.taxtmi.com/caselaws?id=71416 The Tribunal dismissed the assessee's appeals for the assessment years 1983-84 and 1984-85, while partly allowing the appeal for 1985-86. The departmental appeal for the assessment year 1985-86 was also dismissed. The Tribunal rejected various grounds including the deduction of expenses for earlier years, exemption under section 10(20A) of the IT Act, and disallowance of penal interest payable. The Tribunal upheld the change in the method of accounting and the reduction of additions made by the CIT(A). en-us Fri, 10 Nov 1989 00:00:00 +0530 Sat, 23 Apr 2011 12:54:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71416 The Tribunal dismissed the assessee's appeals for the assessment years 1983-84 and 1984-85, while partly allowing the appeal for 1985-86. The departmental appeal for the assessment year 1985-86 was also dismissed. The Tribunal rejected various grounds including the deduction of expenses for earlier years, exemption under section 10(20A) of the IT Act, and disallowance of penal interest payable. The Tribunal upheld the change in the method of accounting and the reduction of additions made by the CIT(A). Case-Laws Income Tax Fri, 10 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71416