Valuation of closing stock - AO has adopted the rate from the ...

Assessing Officer's Stock Valuation Dispute: Inappropriate Rate Used for Diverse Basmati Rice Varieties, Including Pusa Basmati Rice.

November 10, 2014

Case Laws Income Tax AT

Valuation of closing stock - AO has adopted the rate from the last bill - it it is in respect of only one variety of pure basmati and, therefore, could not be taken as the basis for valuing the entire stock, which included the Pusa basmati- AT

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Valuation of closing stock - AO has adopted the rate from the ...

Assessing Officer's Stock Valuation Dispute: Inappropriate Rate Used for Diverse Basmati Rice Varieties, Including Pusa Basmati Rice.

November 10, 2014

Case Laws Income Tax AT

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