Income Tax Ruling: Dispatches to Stockists Must Be Included in Stock Calculations to Ensure Accurate Taxable Income.

Accounting - Even if mere dispatches to the stockists did not amount to sales, the unsold amount not treated as part of the stock - it distort the picture for the purpose of ascertaining the taxable income - HC .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X