Provision for diminution in the value of closing stock – Had it ...

Income Tax

May 15, 2014

Provision for diminution in the value of closing stock – Had it had claimed the net realizable value of closing stock in trading account, the debit of provision for diminution in value of stock in P&L Account under schedule 15 would not have appeared - no addition - AT

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Provision for diminution in the value of closing stock – Had it ...

Income Tax

May 15, 2014

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