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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Addition being alleged excess value of stock calculated in ...

Income Tax

June 8, 2019

Addition being alleged excess value of stock calculated in survey - addition was based on statement of Director which was later on retracted - assessee company with the help of complete working established that the statements at the time of survey with regard to processing cost was wrong - actual process cost as arrived in books of account is to be taken for valuation of stock

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