2001 (10) TMI 37

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.... construction activity. It had two projects, one of which had been completed in the previous years relevant to the assessment years and the other project was incomplete. The assessment years are 1987-88 and 1988-89. The expenditure incurred on overheads of the head office was shown in the books of account as having been allocated to the project which was complete and no part of the administrative ....

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.... method which had been followed by it consistently and which had been accepted by the Revenue in the earlier years. Having regard to the Revenue's own approach to the matter which resulted in the assessee continuing to adopt the same method year after year, it would not be fair to the assessee to change that method in these years. Learned counsel for the Revenue submitted that the method adopte....