https://www.taxtmi.com/highlights?id=24197 Method of accounting - according to the Revenue, in respect of all the activities of the assessee, the accounting of income and expenditure should be under the same system, i.e. the assessee having adopted mercantile system of accounting, it cannot adopt accounting on cash basis in respect of sales of newspaper and advertisement revenue alone - contention of revenue is not correct - HC en-us Wed, 12 Aug 2015 13:49:07 +0530 Wed, 12 Aug 2015 13:49:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=24197 Method of accounting - according to the Revenue, in respect of all the activities of the assessee, the accounting of income and expenditure should be under the same system, i.e. the assessee having adopted mercantile system of accounting, it cannot adopt accounting on cash basis in respect of sales of newspaper and advertisement revenue alone - contention of revenue is not correct - HC Highlights Income Tax Wed, 12 Aug 2015 13:49:07 +0530 https://www.taxtmi.com/highlights?id=24197