Valuation of closing stock - method of valuation - no addition ...
Court Rules Closing Stock Not a Profit Source for Tax Valuation; Aligns with Established Case Law Principles.
July 9, 2016
Case Laws Income Tax AT
Valuation of closing stock - method of valuation - no addition could be made towards value of stock because the closing stock cannot be construed as a source of profit for the assessee. - AT
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