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    Income Tax

    Valuation of Shares – shares held by the assessee at the end of t...

    Taxpayer Share Valuation: End-of-Year Shares Assessed by Lower of Cost or Market Value Principle.

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    Income TaxJune 20, 2012Case LawsHC

    Valuation of Shares – shares held by the assessee at the end of the year - The valuation of stock is cost or market value whichever is lower is settled position of law - HC

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