2018 (8) TMI 1846

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y Vohra, Sr. Advocate with Mr. Neeraj Jain and Mr. Aniket D. Agrawal, Advocates ORDER CM No.2641/2018 (exemption) Allowed, subject to all just exceptions. Application is disposed of. ITA 69/2018 Heard. Admit. The following substantial question of law is framed:- "1. Whether the order of the Income Tax Appellate Tribunal ('Tribunal' for short) affirming the order of the Commissione .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lying at the port ready for shipment was stock in hand that could be valued at cost or market price, at the option and as per regular practice of the assessee. Mere fact that for sales tax purposes the value of the goods lying at the port was taken at the invoice value would not make any difference. Sales tax computation and declaration would be made in accordance of the provision of the Sales .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X