https://www.taxtmi.com/caselaws?id=288630 The appeals filed by the assessee were partly allowed, and the appeals filed by the Revenue were dismissed. The tribunal directed the Assessing Officer to re-compute the income after considering the method of accounting followed by the assessee and allowing the benefit of accumulation under section 11(2) of the Act. The tribunal also upheld the Commissioner of Income Tax (Appeals)'s decisions on various disallowances and exemptions claimed by the assessee. en-us Fri, 01 Jul 2016 00:00:00 +0530 Sat, 20 Jun 2020 06:03:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288630 The appeals filed by the assessee were partly allowed, and the appeals filed by the Revenue were dismissed. The tribunal directed the Assessing Officer to re-compute the income after considering the method of accounting followed by the assessee and allowing the benefit of accumulation under section 11(2) of the Act. The tribunal also upheld the Commissioner of Income Tax (Appeals)'s decisions on various disallowances and exemptions claimed by the assessee. Case-Laws Income Tax Fri, 01 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288630