https://www.taxtmi.com/caselaws?id=310152 The ITAT upheld the CIT(A)'s decision to delete additions totaling Rs. 1,04,23,877 under various heads like salary, interest, and medical expenses for the assessment year 2008-09. The Revenue's appeal was dismissed as the ITAT found the assessee's accounting system for booking prior period expenses acceptable, supported by valid reasons and evidence. The ITAT emphasized the consistent treatment of such expenses in previous years and concluded that there was no error in the CIT(A)'s order, leading to the deletion of the additions. en-us Fri, 04 Mar 2016 00:00:00 +0530 Mon, 09 Oct 2023 17:50:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310152 The ITAT upheld the CIT(A)'s decision to delete additions totaling Rs. 1,04,23,877 under various heads like salary, interest, and medical expenses for the assessment year 2008-09. The Revenue's appeal was dismissed as the ITAT found the assessee's accounting system for booking prior period expenses acceptable, supported by valid reasons and evidence. The ITAT emphasized the consistent treatment of such expenses in previous years and concluded that there was no error in the CIT(A)'s order, leading to the deletion of the additions. Case-Laws Income Tax Fri, 04 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310152