https://www.taxtmi.com/caselaws?id=10635 The court concluded that the hybrid system of accounting maintained by the assessee was permissible, accurate, and complete. The income could be deduced from such a system, and the income-tax authorities could not interfere with it. The appeals were allowed, and the order under appeal was modified in favor of the assessee. The court answered the respective questions in the negative, supporting the assessee's position. en-us Fri, 11 Feb 2005 00:00:00 +0530 Mon, 20 Jul 2009 18:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10635 The court concluded that the hybrid system of accounting maintained by the assessee was permissible, accurate, and complete. The income could be deduced from such a system, and the income-tax authorities could not interfere with it. The appeals were allowed, and the order under appeal was modified in favor of the assessee. The court answered the respective questions in the negative, supporting the assessee's position. Case-Laws Income Tax Fri, 11 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10635