https://www.taxtmi.com/caselaws?id=284007 The Tribunal allowed all the appeals of the assessee and dismissed all the appeals of the revenue. It upheld the correctness of the books of account, concluding that no additions based on the Percentage of Completion Method could be made. The Tribunal also found that the penalty proceedings initiated by the Assessing Officer would not survive. en-us Wed, 12 Dec 2012 00:00:00 +0530 Wed, 23 Oct 2019 14:45:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284007 The Tribunal allowed all the appeals of the assessee and dismissed all the appeals of the revenue. It upheld the correctness of the books of account, concluding that no additions based on the Percentage of Completion Method could be made. The Tribunal also found that the penalty proceedings initiated by the Assessing Officer would not survive. Case-Laws Income Tax Wed, 12 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284007