Addition on account of difference in valuation of stock - Merely ...
Stock Valuation Addition Needs Evidence: Mere Absence of Stock Register Isn't Enough, Says Court.
April 16, 2018
Case Laws Income Tax AT
Addition on account of difference in valuation of stock - Merely non maintenance of stock register by the assessee cannot result into addition unless the AO shows with conclusive evidence that quantitative details submitted by the assessee is incorrect. - AT
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