2010 (2) TMI 1269

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....ought to be raised in this appeal relates to the treatment to be given to the MODVAT credit. According to the learned counsel for the appellant / revenue, in view of the introduction of Section 145A w.e.f. 01.04.1999, which would be relevant for the assessment year 1999-2000 onwards, the inclusive method of accounting is to be followed, whereas the assessee was following an exclusive method of acc....