Commissioner of Income Tax II Versus Mapin Publishing Pvt. Ltd. - Income Tax - GUJARAT HIGH COURT - HC - Change in accounting system Loss incurred - Held that - The change in method of accounting was bona fide and with the compliance of the Accounting Standard AS 9 Under new system the income is required to be accounted for or offered for taxation in the year in which it is accrued to the assessee - This method of account is more accurate, scientific and as per the various statutory requir................................... Income Tax - Case Laws
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