When the assessee had determined the realizable value of stock, ...

Case Laws Income Tax

September 22, 2016

When the assessee had determined the realizable value of stock, the difference, has to be written off from the books. For the purpose of section 115JB, the book profit will be ascertained after making certain adjustments to the profit declared in the profit & loss. - AT

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When the assessee had determined the realizable value of stock, ...

Case Laws Income Tax

September 22, 2016

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