Undervaluation of closing stock - method of valuation of the ...

Court Confirms Addition by Assessing Officer Due to Undervaluation of Marble Stock; Assessee Fails to Justify Defective Stock Value.

July 27, 2020

Case Laws Income Tax AT

Undervaluation of closing stock - method of valuation of the marble block - assessee has failed to justify the quantum of defective stock of marble blocks and its realizable value, thereby the addition made by the AO is hereby confirmed. - AT

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Undervaluation of closing stock - method of valuation of the ...

Court Confirms Addition by Assessing Officer Due to Undervaluation of Marble Stock; Assessee Fails to Justify Defective Stock Value.

July 27, 2020

Case Laws Income Tax AT

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