https://www.taxtmi.com/caselaws?id=22794 The accounting questions concerned whether the assessee followed the cash system and whether its accounting method allowed true income to be properly deduced from the books. The court followed its earlier decision in the assessee's own case for a prior assessment year and treated the findings on the accounting method as supported by the record. It accepted that the accounts disclosed profits from which true income could be deduced, and answered the material question in favour of the assessee and against the Revenue. The remaining referred questions were left unanswered. en-us Mon, 10 Dec 1990 00:00:00 +0530 Mon, 14 Dec 2009 11:23:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22794 The accounting questions concerned whether the assessee followed the cash system and whether its accounting method allowed true income to be properly deduced from the books. The court followed its earlier decision in the assessee's own case for a prior assessment year and treated the findings on the accounting method as supported by the record. It accepted that the accounts disclosed profits from which true income could be deduced, and answered the material question in favour of the assessee and against the Revenue. The remaining referred questions were left unanswered. Case-Laws Income Tax Mon, 10 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22794