Valuation of closing stock - provisions of section 145A has ...

Section 145A Overrides Section 145: Affects Valuation of Opening/Closing Stock, Purchases, and Sales.

November 29, 2017

Case Laws Income Tax HC

Valuation of closing stock - provisions of section 145A has overriding effect on the provisions of section 145 - the said provisions are applicable not only on closing stock but on inventory i.e opening and closing stock both and even on purchases and sales. - HC

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Valuation of closing stock - provisions of section 145A has ...

Section 145A Overrides Section 145: Affects Valuation of Opening/Closing Stock, Purchases, and Sales.

November 29, 2017

Case Laws Income Tax HC

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