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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

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

Income Tax

December 2, 2015

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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