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Income Tax - Highlights / Catch Notes

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Additions on account of finding of excess stock and suppression ...

Income Tax

July 22, 2016

Additions on account of finding of excess stock and suppression of sale - impact of VAT assessment - though we confirm the orders impugned before us, we are of the view that the assessee is entitled to get the benefit of the reduced excess stock as determined by the authorities of the KVAT Act in their order - HC

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