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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Valuation of closing stock - notwithstanding the fact that the ...

Income Tax

December 1, 2015

Valuation of closing stock - notwithstanding the fact that the opinion of the Chartered Accountants of India was expressed in the 'guidance note", which had not attend a mandatory status, would not be a ground to discard the books of accounts of the Assessee or the method of accounting followed - No addition on account of unutilized CENVAT Credit was called for - AT

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