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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Valuation of closing stock - the action of the AO of changing ...

Case Laws     Income Tax

August 28, 2018

Valuation of closing stock - the action of the AO of changing the method of valuation of closing stock without pointing out any reason for the rejection of valuation of closing stock which was accepted by the department in earlier assessment year, is not justified.

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