Merely because others follow the same accounting policy, it cannot be said to be beyond scrutiny

SUMMARY OF CASE LAW Merely because other clubs follow the very same accounting policy, it cannot be said to be beyond scrutiny or verification as to the correctness and completeness of the accounting practice followed, and there is any deficiency in such accounting practice or policy, it can very well be tinkered with howsoever universally followed such policy is; there is no proposition in law to force the revenue to accept the accounting system, merely because it is followed by other clubs, more so, when it is proved to be not disclosing the true and correct picture of the state of affairs o...