Inventory Valuation and Budget 2023-24

CMA Navneet Kumar Jain , Last updated: 02 February 2023  
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Budget 2023 contains some surprises for various assesses and one such surprise is introduction of Inventory Valuation by Cost Accountants under Section 142(2A) of the Income Tax Act. The budget has not recognized the importance of inventory valuation by the Income Tax authorities but recognition

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