https://www.taxtmi.com/caselaws?id=217409 The Tribunal allowed all the appeals of the assessee, setting aside the orders of the CIT(A). It directed the AO to accept the returns filed by the assessee for the respective assessment years, adhering to the project completion method. The Tribunal emphasized the importance of consistent accounting methods and rejected the unilateral estimation of net profit by the AO. en-us Fri, 29 Jun 2012 00:00:00 +0530 Sat, 13 Oct 2012 09:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217409 The Tribunal allowed all the appeals of the assessee, setting aside the orders of the CIT(A). It directed the AO to accept the returns filed by the assessee for the respective assessment years, adhering to the project completion method. The Tribunal emphasized the importance of consistent accounting methods and rejected the unilateral estimation of net profit by the AO. Case-Laws Income Tax Fri, 29 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217409