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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Estimation of profit - valuation of stock - book results cannot ...

Case Laws     Income Tax

September 3, 2012

Estimation of profit - valuation of stock - book results cannot be accepted as the valuation of stock shown by the assessee is not based on any sound accounting principle and AO’s version cannot be accepted for want of any independent findings - AT

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