TMI BlogAssessing Officer's double addition error: Incorrectly included unclaimed write-back, not sale proceeds of inventory. No addition warranted.Writing off of stock - The action of the AO is a double addition. A figure which was never claimed or allowed as a deduction in the earlier year was added back - The write back of provision is not sale proceeds of slow moving/obsolete inventory. - no addition - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|