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2018 (4) TMI 868 - AT - Income TaxDenying the increase in closing stock - not giving an opportunity of hearing or issuing any show cause notice in this regard or rejecting the audited books of account - Held that:- Grievance of the assessee is found to be justified and it is accepted as such. The increase in closing stock claimed by the assessee at ₹ 6 crore is directed to be allowed to the assessee.
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