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2010 (1) TMI 498 - HC - Income TaxMethod of accounting - Assessment - The conflict between the parties had arisen in relation to allocation of certain expenses which are not incurred directly for any particular activity. The case of the assessee has been that the matter of allocation adopted in respect of the assessment years in question has been the same as it was during the past years. Held that - Tribunal had found that the method of accounting adopted by the assessee in relation to accounting of income two different activities had been the same, as it was during the past year and the method had been consistently accepted. It could not be changed in the assessment year 203-04 and 2004-05.
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