Upholding the method adopted by the assessee to devalue the ...

Tribunal Confirms Devaluation of Obsolete Packing Materials; High Court Finds No Perversity in Decision.

December 2, 2015

Case Laws Income Tax HC

Upholding the method adopted by the assessee to devalue the closing stock - the findings of the Tribunal that the stock of packing materials had become obsolete warranting a reduction in its value is a finding of fact not shown to be perverse. - HC

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Upholding the method adopted by the assessee to devalue the ...

Tribunal Confirms Devaluation of Obsolete Packing Materials; High Court Finds No Perversity in Decision.

December 2, 2015

Case Laws Income Tax HC

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