High Court Upholds Assessee's Project Completion Method, Overturns ITAT's Rejection of Books and Methodology Decision.

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....Rejection of books of accounts - The explanation added by way of Notes to the Accounts was not taken note of by the ITAT when it came to the conclusion that the percentage completion method should apply to the Assessee. - project completion method was certainly one of the recognized methods and has been consistently followed by it - No addition - HC....