https://www.taxtmi.com/caselaws?id=216950 The Tribunal allowed the appeal of the assessee, holding that the 'project completion method' consistently followed should be accepted. No income was to be assessed on a presumptive basis for the assessment year 2006-2007, as the income had already been shown in the subsequent year 2007-2008 following the same method. The addition made by the Assessing Officer was deleted, overturning the decision of the CIT(A). en-us Fri, 06 Jul 2012 00:00:00 +0530 Wed, 26 Sep 2012 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216950 The Tribunal allowed the appeal of the assessee, holding that the 'project completion method' consistently followed should be accepted. No income was to be assessed on a presumptive basis for the assessment year 2006-2007, as the income had already been shown in the subsequent year 2007-2008 following the same method. The addition made by the Assessing Officer was deleted, overturning the decision of the CIT(A). Case-Laws Income Tax Fri, 06 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216950