https://www.taxtmi.com/caselaws?id=21596 The High Court upheld the Tribunal's decision regarding a non-resident company's profit calculation method for a project spanning multiple years. The Court found that the company's use of a "complete contract" basis for accounting was appropriate, and no legal question arose from the Tribunal's order. Emphasizing the importance of consistency in income assessment, the Court declined to provide further clarification, affirming the Tribunal's decision and rejecting the Revenue's challenge to the company's accounting method. en-us Wed, 15 Jan 1992 00:00:00 +0530 Wed, 25 Nov 2009 16:31:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21596 The High Court upheld the Tribunal's decision regarding a non-resident company's profit calculation method for a project spanning multiple years. The Court found that the company's use of a "complete contract" basis for accounting was appropriate, and no legal question arose from the Tribunal's order. Emphasizing the importance of consistency in income assessment, the Court declined to provide further clarification, affirming the Tribunal's decision and rejecting the Revenue's challenge to the company's accounting method. Case-Laws Income Tax Wed, 15 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21596