https://www.taxtmi.com/caselaws?id=411457 The Tribunal concluded that the addition made by the AO was unsustainable. The assessee's method of accounting for the subsidy and amortizing project expenses was in line with the CBDT Circular and accounting standards. The appeal filed by the Revenue was dismissed, and the order of the CIT(A) was upheld. en-us Thu, 12 Aug 2021 00:00:00 +0530 Wed, 25 Aug 2021 18:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411457 The Tribunal concluded that the addition made by the AO was unsustainable. The assessee's method of accounting for the subsidy and amortizing project expenses was in line with the CBDT Circular and accounting standards. The appeal filed by the Revenue was dismissed, and the order of the CIT(A) was upheld. Case-Laws Income Tax Thu, 12 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411457