https://www.taxtmi.com/caselaws?id=76476 The court ruled in favor of the assessee on all issues, emphasizing the importance of consistency in accounting methods unless valid reasons exist for deviation. The judgment highlighted the need for the Revenue to provide sound justifications for altering accepted accounting practices and upheld the assessee's right to follow historical practices in claiming deductions. en-us Thu, 26 Feb 2009 00:00:00 +0530 Sat, 26 Jun 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76476 The court ruled in favor of the assessee on all issues, emphasizing the importance of consistency in accounting methods unless valid reasons exist for deviation. The judgment highlighted the need for the Revenue to provide sound justifications for altering accepted accounting practices and upheld the assessee's right to follow historical practices in claiming deductions. Case-Laws Income Tax Thu, 26 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76476