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2013 (2) TMI 374 - HC - Income TaxDisallowance of expenditure incurred for performing the Akhand Path - assessee was following mixed system of accounting - ITAT deleted the addition - Held that:- CIT (A) as well as the Tribunal have returned the findings of fact relying upon the judgment of CIT v. Realest & Services Ltd. (2008 (5) TMI 6 - SUPREME COURT) that method of accounting following consistently should not be disturbed because it was incorrect unless it could be shown that change in the method of accounting would result in gain for the Revenue. Both has recorded finding that no useful purpose will be served by changing the method when net result of excluding the receipts pertaining to paths performed in the earlier years would be reduction of the income of the present assessment year without adding to the income to the same or larger extent in the income for paths booked in the subsequent years. No substantial question of law arises for consideration by this Court.
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