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    Income Tax

    Addition on account of variation in the value of closing stock...

    Discrepancy in Closing Stock Value Resolved: Evidence Confirms Accuracy, No Addition Made to Accounts.

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    Income TaxJune 9, 2016Case LawsAT

    Addition on account of variation in the value of closing stock between the value declared in the accounts and the value declared to the Bank - The assessee demonstrated with evidence that the closing stock declared in the books of account is correct - No addition - AT

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