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2003 (6) TMI 441 - AT - Income TaxExtract: .......ove reasons, we are of the view that the method of valuation adopted by the assessee was correct and addition made on account of enhancement of value of closing stock is not justified. The learned Commissioner of Income-tax (Appeals) rightly deleted the addition. His action is hereby confirmed. 7. In the result, revenue rsquo s appeal is dismissed.
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