Disallowance of interest expenditure - As per AO interest ...

Income Tax

September 7, 2020

Disallowance of interest expenditure - As per AO interest attributable to bring the inventory to its present location and condition should be included in the cost of inventory - CIT(A) deleted the disallowance - the method of valuation adopted by the assessee also gets support from Accounting Standard – 2 issued by ICAI - No additions - AT

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Disallowance of interest expenditure - As per AO interest ...

Income Tax

September 7, 2020

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