Tag Archives: IT APPEAL NOS. 121 & 686 (IND.) OF 2016

AO couldn’t change method of accounting which was adopted consistently : ITAT

By | September 8, 2018

ld. A.O was not justified in applying the percentage completion method on the assessee merely on the basis that it was followed by the developer JSM DPL and arbitrarily making addition to the income ignored the fact that project completion method/completed contract method of accounting has been consistently adopted by the assessee and even have… Read More »