:1: IN IN IN THE THE THE HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.583 OF 2001 The Commissioner of Income Tax. ..Appellant. Vs. M/s. Mehta Jaisingh Combine. ..Respondent. Mr. R.Ashokan with Mr.P.S.Sahadevan for the Appellant. Mr. A.K.Jasani for the Respondent. CORAM : F.I. REBELLO & R.S. MOHITE, JJ. DATED : 22nd January,2008 PC : 1. The learned Tribunal in Para-6 of its order has noted that the in the Assessment year 1992-93, the assessee opted for completed contract method of accounting which was overruled by the A.O. In appeal the CIT(A) approved the method of accounting followed by the assessee and the revenue did not prefer any appeal against that order. The Tribunal further noted that in the Assessment years 1997-98 and 1998-99 the contracts in question were completed and the income determined as per the completed contract has been offered to tax which has been accepted by the department. 2. This court had accepted the completed contract method for the purpose of accounting tax in Income Tax Reference No.292/1980. Similar issue had arisen which was answered in favour of the assessee in the case of the Commissioner of Income Tax Vs. V.S.Dempo Co. Pvt. :2: Ltd. Considering the above finding, in our opinion, the question of law as framed would not arise and consequently, the appeal stands dismissed. (R.S. MOHITE, J.) (F.I. REBELLO, J.)