I.T.AS. NOS. 1158/IB, 1159/IB OF 1986-87, 223/IB, 224/IB OF 1989-90, 230/IB; 64/IB versus I.T.AS. NOS. 1158/IB, 1159/IB OF 1986-87, 223/IB, 224/IB OF 1989-90, 230/IB; 64/IB
Income Tax Ordinance 1979 Sections 32, 11 and 55 Accounting Methods Total / Income Scope Marketing and Pricing Principles Contract Changes in the urea price adjustment accounting method, claiming urea price adjustments based on receipts from receipt basis, tax through this review. Was not presented for receiving. Changing accounting method based on receivables from equity basis. Claims were included in total income as required by the Assissee permanently seeking a ounted calculation on an income basis and a contract. Was a claim to work under. It is always included in the income of the Assisi and is treated as such in order to arrive at taxable income. The first appellate authority did not seek the income of the Assisi on the basis that it did not represent the surety amount nor did the Assisi have the right to receive it. This claim will only be included in Assisi's income up to the extent of its original approval by the Government. In the year of its approval, this claim will be considered only because the cost adjustment claim has to be deleted. As instructed, the accuracy could not be deduced from the accounting method half if it were employed regularly. In the past, change could have been allowed only through the SC, when the method of death was completely changed from the basis of an acquisition to the receipt and it was completely changed that the first appellate authority in this case actually did. Income accounting methodology was explained. And no right to accept the appellate authority's view already
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