Method of accounting - Change in method valuation of closing ...

Consistent Change in Accounting Method for Stock Valuation Not Grounds for Adverse Inference Against Taxpayer.

April 27, 2013

Case Laws Income Tax AT

Method of accounting - Change in method valuation of closing stock – if there is a bona fide change in the method of accounting which is consistently followed, no adverse inference can be drawn against the assessee. - AT

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Method of accounting - Change in method valuation of closing ...

Consistent Change in Accounting Method for Stock Valuation Not Grounds for Adverse Inference Against Taxpayer.

April 27, 2013

Case Laws Income Tax AT

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