https://www.taxtmi.com/caselaws?id=359713 The revenue's appeal against the CIT(A)'s order for AY 2010-11, challenging the accounting method and tax deferment, was dismissed by the ITAT. The ITAT upheld the CIT(A)'s decision, citing a previous Tribunal order and a Supreme Court decision, determining the total loss for the assessee at ?(-)9,79,91,325. The adjustment made by the AO was deemed unwarranted, and the revenue's appeal was dismissed, rendering the assessee's cross objections infructuous. en-us Wed, 14 Mar 2018 00:00:00 +0530 Fri, 04 May 2018 08:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359713 The revenue's appeal against the CIT(A)'s order for AY 2010-11, challenging the accounting method and tax deferment, was dismissed by the ITAT. The ITAT upheld the CIT(A)'s decision, citing a previous Tribunal order and a Supreme Court decision, determining the total loss for the assessee at ?(-)9,79,91,325. The adjustment made by the AO was deemed unwarranted, and the revenue's appeal was dismissed, rendering the assessee's cross objections infructuous. Case-Laws Income Tax Wed, 14 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359713