https://www.taxtmi.com/caselaws?id=119094 The Appellate Tribunal upheld the decision of the CIT(A) in favor of the assessee, dismissing the appeal of the Revenue. The judgment focused on interpreting the proviso to section 145(1), assessing income using the fixed percentage of project method, determining completion status of construction projects, evaluating consistency in applying the completed project method, and comparing relevant case laws. The Tribunal's ruling emphasized adherence to established accounting practices and legal principles in resolving income assessment disputes. en-us Wed, 23 Feb 2005 00:00:00 +0530 Sat, 07 Jul 2012 18:52:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119094 The Appellate Tribunal upheld the decision of the CIT(A) in favor of the assessee, dismissing the appeal of the Revenue. The judgment focused on interpreting the proviso to section 145(1), assessing income using the fixed percentage of project method, determining completion status of construction projects, evaluating consistency in applying the completed project method, and comparing relevant case laws. The Tribunal's ruling emphasized adherence to established accounting practices and legal principles in resolving income assessment disputes. Case-Laws Income Tax Wed, 23 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119094