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1998 (1) TMI 107 - AT - Income TaxExtract: .......ing out the cost of the finished goods. The AO is directed to modify the working of the valuation of closing stock of finished goods in the light of the observations as contained above. 9. In the result, the appeals filed by the assessee in ITA Nos. 7184/Del/1994 and 5850/Del/1985 for the asst. yrs. 1987-88 and 1988-89 are allowed in part as above.
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