Method of accounting.

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....fits and gains of business or profession" or "Income from other sources" shall, subject to the provisions of sub-section (2), be computed as per either cash or mercantile system of accounting regularl....

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.... (b) the method of accounting provided in sub-section (1) has not been regularly followed by the assessee; or (c) income has not been computed as per the standards notified under sub-secti....