Revision u/s 263 - CIT proposed the valuation of closing stock ...

Tax Authority's Change to Stock Valuation Method u/s 263 Ruled Unjustified by Court.

September 29, 2018

Case Laws Income Tax AT

Revision u/s 263 - CIT proposed the valuation of closing stock by taking the average of opening stock and purchase price. - Pr. Commissioner of Income Tax-1, Bhubaneswar was not justified in disturbing the consistent method of valuation.

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Revision u/s 263 - CIT proposed the valuation of closing stock ...

Tax Authority's Change to Stock Valuation Method u/s 263 Ruled Unjustified by Court.

September 29, 2018

Case Laws Income Tax AT

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