https://www.taxtmi.com/caselaws?id=237964 The ITAT allowed the appeal for statistical purposes, remitting the issue to the AO for further verification. The Assessee's accounting method of booking income when raising bills, contrary to clients deducting TDS upon payment, was considered valid. The ITAT emphasized the need to consider this accounting practice and granted the Assessee a fair hearing opportunity. This outcome favored the Assessee in the dispute over the addition of undisclosed income, highlighting the significance of proper accounting methods in tax matters. en-us Fri, 04 Oct 2013 00:00:00 +0530 Sat, 12 Oct 2013 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237964 The ITAT allowed the appeal for statistical purposes, remitting the issue to the AO for further verification. The Assessee's accounting method of booking income when raising bills, contrary to clients deducting TDS upon payment, was considered valid. The ITAT emphasized the need to consider this accounting practice and granted the Assessee a fair hearing opportunity. This outcome favored the Assessee in the dispute over the addition of undisclosed income, highlighting the significance of proper accounting methods in tax matters. Case-Laws Income Tax Fri, 04 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237964