https://www.taxtmi.com/caselaws?id=242111 The Tribunal dismissed the Revenue's appeal, upholding the Ld. CIT(A)'s decision to delete the addition of Rs. 34,20,797. The Tribunal emphasized the importance of consistency in revenue recognition methods followed by the assessee, referencing past decisions and judicial precedents. It was concluded that the Assessing Officer's deviation lacked substantial reasoning, and the Tribunal affirmed the deletion based on the established accounting system and legal principles. en-us Fri, 13 Dec 2013 00:00:00 +0530 Wed, 08 Jan 2014 08:21:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242111 The Tribunal dismissed the Revenue's appeal, upholding the Ld. CIT(A)'s decision to delete the addition of Rs. 34,20,797. The Tribunal emphasized the importance of consistency in revenue recognition methods followed by the assessee, referencing past decisions and judicial precedents. It was concluded that the Assessing Officer's deviation lacked substantial reasoning, and the Tribunal affirmed the deletion based on the established accounting system and legal principles. Case-Laws Income Tax Fri, 13 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242111