https://www.taxtmi.com/caselaws?id=284050 The CIT(A) deleted the addition made by the AO, stating that the project completion method was appropriately followed by the assessee, and the AO's application of the percentage completion method and rejection of books of accounts were not justified. The ITAT upheld the CIT(A)'s decision, noting that similar issues had been resolved in favor of the assessee in other cases, and there was no valid ground to deviate from the CIT(A)'s findings. Consequently, the appeal by the department was dismissed. en-us Tue, 01 Apr 2014 00:00:00 +0530 Thu, 24 Oct 2019 18:24:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284050 The CIT(A) deleted the addition made by the AO, stating that the project completion method was appropriately followed by the assessee, and the AO's application of the percentage completion method and rejection of books of accounts were not justified. The ITAT upheld the CIT(A)'s decision, noting that similar issues had been resolved in favor of the assessee in other cases, and there was no valid ground to deviate from the CIT(A)'s findings. Consequently, the appeal by the department was dismissed. Case-Laws Income Tax Tue, 01 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284050