Disallowance of unutilized MODVAT/CENVAT Credit - The purchases ...
Case Laws Income Tax
May 7, 2015
Disallowance of unutilized MODVAT/CENVAT Credit - The purchases which have been debited in the P & L account alongwith MODVAT account and appearing in the closing stock are also with MODVAT account. Thus, no adjustment u/s. 145 was required to be made - AT
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