https://www.taxtmi.com/caselaws?id=176254 The Tribunal allowed the assessee's appeal in part. It upheld the project completion method for income recognition, set aside the disallowance under section 40(a)(ia) for re-computation, and dismissed the ground related to the disallowance of various expenses. The decision highlighted the consistency and reasonableness of the accounting method used by the assessee, emphasizing the revenue-neutral aspect of any proposed changes by the tax department. en-us Fri, 20 Aug 2010 00:00:00 +0530 Mon, 21 Aug 2023 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176254 The Tribunal allowed the assessee's appeal in part. It upheld the project completion method for income recognition, set aside the disallowance under section 40(a)(ia) for re-computation, and dismissed the ground related to the disallowance of various expenses. The decision highlighted the consistency and reasonableness of the accounting method used by the assessee, emphasizing the revenue-neutral aspect of any proposed changes by the tax department. Case-Laws Income Tax Fri, 20 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176254