CIT-I CHANDIGARH vs. M/S PB.INFO&COMM. TECH. CORP. LTD. CHD.

The appeals are dismissed

Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA

2) of the Act on 29.05.1996, relates to disclosure of accounting policy. It puts an obligation on the assessee to disclose all significant accounting policies adopted in the preparation and presentation of financial stages. As per this standard the term “Accrual” refers to the assumption that MANJU 2023.03.16 11:10 I attest to the accuracy and authenticity of this order