https://www.taxtmi.com/caselaws?id=8613 Income already assessed on accrual basis in earlier years could not be taxed again on receipt basis in assessment year 1962-63 merely because the assessee kept no regular books. The Court applied the rule that, where the revenue has adopted one permissible basis of assessment for the same income, it cannot switch to another basis later to tax that income twice. Section 145 did not justify the change on these facts, as the Income-tax Officer had not proceeded under section 144 and had altered the basis only for revenue convenience. Explanation 2 to section 5 was also read as preventing double inclusion of the same income on both accrual and receipt bases. en-us Wed, 24 Mar 1971 00:00:00 +0530 Fri, 08 May 2009 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8613 Income already assessed on accrual basis in earlier years could not be taxed again on receipt basis in assessment year 1962-63 merely because the assessee kept no regular books. The Court applied the rule that, where the revenue has adopted one permissible basis of assessment for the same income, it cannot switch to another basis later to tax that income twice. Section 145 did not justify the change on these facts, as the Income-tax Officer had not proceeded under section 144 and had altered the basis only for revenue convenience. Explanation 2 to section 5 was also read as preventing double inclusion of the same income on both accrual and receipt bases. Case-Laws Income Tax Wed, 24 Mar 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8613