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

Court Rejects Assessee's and Officer's Reports for Lack of Sound Accounting and Independent Verification in Tax Assessment.

September 3, 2012

Case Laws Income Tax AT

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

Court Rejects Assessee's and Officer's Reports for Lack of Sound Accounting and Independent Verification in Tax Assessment.

September 3, 2012

Case Laws Income Tax AT

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