Disallowances of provision - Devaluation - Inventory of work in ...

High Court Sides with Assessee on Inventory Devaluation Provisions; Separate Profit and Loss Reflection Allowed.

January 21, 2013

Case Laws Income Tax HC

Disallowances of provision - Devaluation - Inventory of work in progress and finished goods - Devaluation amount was reflected separately in the P & L only because of the presentation. - In favour of assessee - HC

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Disallowances of provision - Devaluation - Inventory of work in ...

High Court Sides with Assessee on Inventory Devaluation Provisions; Separate Profit and Loss Reflection Allowed.

January 21, 2013

Case Laws Income Tax HC

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