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Income Tax - Highlights / Catch Notes

Home Highlights October 2012 Year 2012 This

The value of closing stock written off cannot be treated as ...


Closing Stock Write-Offs Not Unascertained Liabilities for Income Tax Purposes, Clarifies Determination.

October 5, 2012

Case Laws     Income Tax     AT

The value of closing stock written off cannot be treated as unascertained liability. - AT

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