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Income Tax - Highlights / Catch Notes

Home Highlights March 2013 Year 2013 This

Inclusion of Excise Duty in valuation of closing stock - AO was ...


High Court Confirms Excise Duty Must Be Included in Closing Stock Valuation for Tax Purposes, Supporting Existing Case Law.

March 18, 2013

Case Laws     Income Tax     HC

Inclusion of Excise Duty in valuation of closing stock - AO was right in adding the excise duty in the valuation of the closing stock - HC

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