https://www.taxtmi.com/caselaws?id=12678 A consistently followed accounting method for allocating head office overheads, once accepted by the Revenue in earlier years, should not ordinarily be disturbed in later years without a compelling reason. The Court upheld deletion of the disallowance relating to overhead expenses attributable to the incomplete project, noting that the assessee had applied the same method year after year and that prior acceptance by the Revenue weighed against changing the position for the relevant assessment years. The question was answered in favour of the assessee and against the Revenue, and the Revenue's appeal failed. en-us Wed, 03 Oct 2001 00:00:00 +0530 Thu, 21 May 2009 11:24:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12678 A consistently followed accounting method for allocating head office overheads, once accepted by the Revenue in earlier years, should not ordinarily be disturbed in later years without a compelling reason. The Court upheld deletion of the disallowance relating to overhead expenses attributable to the incomplete project, noting that the assessee had applied the same method year after year and that prior acceptance by the Revenue weighed against changing the position for the relevant assessment years. The question was answered in favour of the assessee and against the Revenue, and the Revenue's appeal failed. Case-Laws Income Tax Wed, 03 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12678