1990 (12) TMI 65

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..... ion 256(1) of the Income-tax Act, 1961 : "(i) Whether, on the facts and in the circumstances of the case, there was material on record justifying the Tribunal's finding that the assessee-company was maintaining cash system of accounting ? (ii) Whether, on the facts and in the circumstances of the case, the method of accounting employed by the assessee is that true income for the assessment year .....

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..... ot includible in the receipts ? (v) Whether the Tribunal was right in directing the Income-tax Officer to accept the result as disclosed by the account books on the ground that the assessee was following a method of accounting from which profits are correctly deducible ?" It is brought to our notice that, in the case of this very assessee, these very same questions have been answered in its favo .....

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