https://www.taxtmi.com/caselaws?id=379283 The Income Tax Appellate Tribunal upheld the Ld. CIT(A)'s decision, dismissing the revenue's appeal. The Tribunal found the assessee's accounting method acceptable, as evidenced by regular books of accounts on a mercantile basis. The additions made by the AO were deemed unjustified, leading to the deletion of disallowances for accounting charges and donations, as well as the correction of the contract payment discrepancy. The order was pronounced on 14.03.2019. en-us Thu, 14 Mar 2019 00:00:00 +0530 Tue, 30 Apr 2019 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379283 The Income Tax Appellate Tribunal upheld the Ld. CIT(A)'s decision, dismissing the revenue's appeal. The Tribunal found the assessee's accounting method acceptable, as evidenced by regular books of accounts on a mercantile basis. The additions made by the AO were deemed unjustified, leading to the deletion of disallowances for accounting charges and donations, as well as the correction of the contract payment discrepancy. The order was pronounced on 14.03.2019. Case-Laws Income Tax Thu, 14 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379283