Sponsored
    Follow Us:

Case Law Details

Case Name : CIT Vs. Annamalai Finance Ltd. (Madras High Court)
Related Assessment Year :
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

RELEVANT PARAGRAPH

In the instant case, learned counsel for the Revenue is not in a position to demonstrate or satisfy us that due to the change of accounting method adopted by the respondent/ assessee , which is permissible in law as per the ratio laid down in (i) CIT Vs Match well Electrical (I.) Ltd. (2003) 263 ITR 227 (Bom) and (ii) Hela Holdings Pvt. Ltd. Vs CIT (2003) 263 ITR 129 (Cal), the Revenue suffered any loss or such a change of methodology attracts tax evasion. Concededly, the

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31