Valuation of closing stock is revenue neutral - ITAT deleted addition on account of valuation of stock In a recent…
CIT not justified in disturbing consistent method of closing stock valuation by invoking revisionary jurisdiction u/s 263 ABCAUS Case…
AO was not justified in applying accounting method followed by a different assessee and rejecting Percentage of completion method consistently…
Change in closing stock to include VAT-Excise us 145A required corresponding adjustments for opening stock, Payment of Excise and VAT…