CHITRA VENKATARAMAN,J.

1. Learned Standing Counsel appearing for the appellant filed a memo dated 28.06.2012 stating that the respondent's name has been changed to M/s.Indus Ind Bank Ltd. Hence, he requests that the respondent's name may be changed to continue with the proceedings. Accordingly, the memo dated 28.06.2012 is recorded.

2. The above Tax Case (Appeals) are admitted by this Court on the following substantial questions of law:

T.C.(A)Nos.169 and 170 of 2005:

"1. Whether in the facts and circumstances of the case, the Tribunal was right in holding that the assessee is justified in following the Equated Monthly Installment method to account the finance charges for the income tax purposes only?

2. Whether in the facts and circumstances of the case, the Tribunal was right in holding that the assessee is justified in following Sum Of Digits Method to account the finance charges to arrive at balance sheet and profit and loss statements only?

3. Whether in the facts and circumstances of the case, the Tribunal was right in holding that the assessee is justified in following one method of accounting for the income tax purpose to attract lesser tax and other method t