https://www.taxtmi.com/caselaws?id=419805 The Tribunal upheld the CIT(A)'s order, dismissing the Revenue's appeal. It found no error in the CIT(A)'s decision regarding the method of accounting followed by the assessee, emphasizing the consistent use of the Completed Contract Method (CCM). The Tribunal rejected the Revenue's arguments against deletion of additions, stating that the AO failed to demonstrate any defects in the assessee's accounting method or provide substantial evidence for the additions made. en-us Mon, 14 Mar 2022 00:00:00 +0530 Mon, 21 Mar 2022 08:15:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419805 The Tribunal upheld the CIT(A)'s order, dismissing the Revenue's appeal. It found no error in the CIT(A)'s decision regarding the method of accounting followed by the assessee, emphasizing the consistent use of the Completed Contract Method (CCM). The Tribunal rejected the Revenue's arguments against deletion of additions, stating that the AO failed to demonstrate any defects in the assessee's accounting method or provide substantial evidence for the additions made. Case-Laws Income Tax Mon, 14 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419805