https://www.taxtmi.com/caselaws?id=181342 The Tribunal allowed the appeal of the assessee, holding that amounts received under prepaid calling services, sim process fees, and recharge fees should be recognized as income over the period of service, not as revenue receipts in the year of receipt. The Tribunal emphasized the principle of consistency in accounting methods accepted by the department in previous and subsequent years, overturning the CIT(Appeals)' decision to treat these amounts as immediate income. en-us Thu, 30 Jun 2011 00:00:00 +0530 Wed, 13 Apr 2016 18:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181342 The Tribunal allowed the appeal of the assessee, holding that amounts received under prepaid calling services, sim process fees, and recharge fees should be recognized as income over the period of service, not as revenue receipts in the year of receipt. The Tribunal emphasized the principle of consistency in accounting methods accepted by the department in previous and subsequent years, overturning the CIT(Appeals)' decision to treat these amounts as immediate income. Case-Laws Income Tax Thu, 30 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181342