https://www.taxtmi.com/caselaws?id=78524 The High Court upheld the Tribunal's decision regarding the consistency in the methodology for accounting of income for the assessment years 2003-04 and 2004-05. The Court emphasized the principle of consistency in income tax proceedings, citing the Supreme Court's precedent that established practices should not be altered without challenge. The appeals were dismissed as the Court found no substantial legal question to warrant admission, affirming the importance of maintaining consistency in accounting practices unless validly contested. en-us Tue, 19 Jan 2010 00:00:00 +0530 Tue, 06 Sep 2011 16:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78524 The High Court upheld the Tribunal's decision regarding the consistency in the methodology for accounting of income for the assessment years 2003-04 and 2004-05. The Court emphasized the principle of consistency in income tax proceedings, citing the Supreme Court's precedent that established practices should not be altered without challenge. The appeals were dismissed as the Court found no substantial legal question to warrant admission, affirming the importance of maintaining consistency in accounting practices unless validly contested. Case-Laws Income Tax Tue, 19 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78524