https://www.taxtmi.com/caselaws?id=39791 The Tribunal held that the income from a partnership firm's single venture selling cinder should be treated as arising in the final year of the venture due to the nature of the business and lack of specific data in the firm's accounts. The Court agreed with this assessment, emphasizing the importance of accurate accounting practices and the specific circumstances of each case in determining taxable income. en-us Wed, 09 Oct 1974 00:00:00 +0530 Tue, 20 Apr 2010 13:01:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39791 The Tribunal held that the income from a partnership firm's single venture selling cinder should be treated as arising in the final year of the venture due to the nature of the business and lack of specific data in the firm's accounts. The Court agreed with this assessment, emphasizing the importance of accurate accounting practices and the specific circumstances of each case in determining taxable income. Case-Laws Income Tax Wed, 09 Oct 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39791