HC upheld project completion method followed by assessee

PCIT Vs Burdwan Development Authority (Calcutta High Court) On perusal of the order passed by the tribunal HC find that the tribunal has rightly taken note of the legal position and granted relief to the assessee. Apart from that, the tribunal has also noted the factual position and relevant details were called for. The assessing officer could not place anything on record to dispute the claim of the assessee of having not received the same during the year under consideration. The tribunal has observed that the learned departmental representative has brought out nothing on record to dispute the...