Held that the method of accounting adopted and estimation of income done by the Revenue was against the principles laid down by the courts. In the light of the additional evidence produced by the assessee which demonstrated the method of accounting followed by the assessee, the issue remanded to the Assessing Officer for consideration de novo. The principles laid down in the decision of the Madras High Court in Shriram Chits and Investments (P) Ltd. v. ACI (2022) 442 ITR 54(Mad)(HC).(AY.2015-16 to 2017-18)