https://www.taxtmi.com/caselaws?id=327985 The ITAT dismissed all appeals of the Revenue, upholding the CIT(A)'s decisions in favor of the assessee. The ITAT emphasized the consistency in the method of accounting and the correctness of the books of accounts maintained by the assessee, rejecting the Revenue's grounds for additions under Section 145(3) and the percentage completion method. The ITAT also highlighted the lack of evidence to support the Revenue's claims regarding on-money received and the difference in valuation of investment. en-us Fri, 13 May 2016 00:00:00 +0530 Tue, 24 May 2016 10:31:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327985 The ITAT dismissed all appeals of the Revenue, upholding the CIT(A)'s decisions in favor of the assessee. The ITAT emphasized the consistency in the method of accounting and the correctness of the books of accounts maintained by the assessee, rejecting the Revenue's grounds for additions under Section 145(3) and the percentage completion method. The ITAT also highlighted the lack of evidence to support the Revenue's claims regarding on-money received and the difference in valuation of investment. Case-Laws Income Tax Fri, 13 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327985