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

Altering Stock Valuation Method Unjustified Without Reason; Previously Accepted Method Stands Valid According to Assessment.

August 28, 2018

Case Laws Income Tax AT

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

Altering Stock Valuation Method Unjustified Without Reason; Previously Accepted Method Stands Valid According to Assessment.

August 28, 2018

Case Laws Income Tax AT

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