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Case Law Details

Case Name : Hyderabad Race Club Vs JCIT (ITAT Hyderabad)
Related Assessment Year :
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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

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