ABHILASH SYNERGETIC CONSTRUCTIONS & EXPORTS PRIVATE LIMITED,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5(1),, VISAKHAPATNAM
In the result, appeals filed by the assessee in ITA No
ITA 104/VIZ/2018[2007-08]Status: DisposedITAT Visakhapatnam19 Jul 2019AY 2007-08
Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble
For Appellant: Shri C. Subrahmanyam, FCAFor Respondent: Smt. Suman Malik,Sr.DR
Section 133ASection 143(3)Section 148Section 801BSection 801B(10)Section 80ISection 8O
section 801 B(10) only in the year of completion of the project, especially so, for an assessee not following project completion method for accounting its income. If otherwise interpreted, it would be equivalent to forcing an assessee to follow a particular method of accounting, which would never have been the intention of legislation. Intention would only have been that