2007 (11) TMI 270

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..... the assessee has been regularly following the cash system of accounting for the interest income earned from the bank, there is no room left for HC to entitle revenue to compel the assessee to follow the mercantile system of accounting - 363 of 2007 - - - Dated:- 22-11-2007 - M. M. KUMAR and RAJESH BINDAL JJ. Mr.Sanjiv Bansal, Advocate, for the appellant. JUDGMENT The judgment of th .....

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..... (ASR/2005) Asstt, Year 1999-2000 Dated 31.1.2007 ITA No. 363 of 2007 ITA No. 369/2007 ITA No. 311(ASR/2005) Asstt, Year 1998-99 Dated 31.1.2007 2. The revenue has claimed the following substantial question of law in these appeals:- "That on the fact and in the circumstances of the case, the ITAT is not right in holding that the assessee was justified in declaring its .....

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