Method of accounting - Valuation of closing stock - Addition of ...

CENVAT Credit Inclusion in Stock Valuation Deemed Revenue-Neutral; Resultant Profit Additions Deleted Over Time.

January 6, 2021

Case Laws Income Tax AT

Method of accounting - Valuation of closing stock - Addition of CENVAT Credit receivable - We observe that inclusive method of accounting has not altered the resultant profits and a revenue neutral exercise over a period of time. - additions deleted - AT

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Method of accounting - Valuation of closing stock - Addition of ...

CENVAT Credit Inclusion in Stock Valuation Deemed Revenue-Neutral; Resultant Profit Additions Deleted Over Time.

January 6, 2021

Case Laws Income Tax AT

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