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2011 (10) TMI 456 - RAJASTHAN HIGH COURTHow and in what manner, the stock of goods maintained by the assessee be valued for determining its value for calculating his yearly business turn over so that his profitability can be taxed - assessee came out with an explanation that the entire stock maintained by him does not consists of new arrival but it consists of partly old and partly new stocks of goods - once the Tribunal accepted the factual explanation of assessee and accordingly, deleted the additions in question made by A.O. by granting them partial relief in the matter of valuation of their stock in exercise of its appellate discretionary powers, then it would not involve any substantial question of law - Held that: it was considered that only 20% stock should be treated as being old and not more - Appeal is dismissed
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