Provision for impairment of stocks - method of valuation of ...

Income Tax

October 6, 2018

Provision for impairment of stocks - method of valuation of stock - inventory consisted of old/used stock which was categorized as defective, but, repairable stock and demo stock. These stocks were valued at their net realizable value - claim of assessee allowed.

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Provision for impairment of stocks - method of valuation of ...

Income Tax

October 6, 2018

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