https://www.taxtmi.com/caselaws?id=12742 The court set aside the rejection of the company's application to change its accounting year and directed the Income-tax Officer to grant consent for the change, provided the company undertakes to cover any revenue loss resulting from the alteration. The petitioner was instructed to file revised returns within twelve weeks, with a warning of dismissal for non-compliance. No costs were awarded in the case. en-us Thu, 18 Oct 2001 00:00:00 +0530 Thu, 21 May 2009 16:55:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12742 The court set aside the rejection of the company's application to change its accounting year and directed the Income-tax Officer to grant consent for the change, provided the company undertakes to cover any revenue loss resulting from the alteration. The petitioner was instructed to file revised returns within twelve weeks, with a warning of dismissal for non-compliance. No costs were awarded in the case. Case-Laws Income Tax Thu, 18 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12742