M/S THDC INDIA LIMITED, RISHIKESH,RISHIKESH vs. PCIT, DEHRADUN, DEHRADUN
In the result, appeal of the assessee is partly allowed
ITA 69/DDN/2024[2020-21]Status: DisposedITAT Dehradun24 Dec 2025AY 2020-21
Section 142(1)Section 143(2)Section 143(3)Section 234ASection 250Section 251(1)(a)Section 270ASection 80
10\nITA No.69/DDN/2024\ndecided on 12.12.2022 (ITAT-Gau) dealt with an identical issue and\nheld that change of system of accounting i.e. the LPS on cash basis\nfrom the earlier system of accrual basis is revenue neutral because the\nquantum of LPSC is not a dispute; only the year of taxability is in\ndispute. Moreover, this treatment has been consistently
