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23 October 2017 ICDS AND TAX AUDIT. stock particulars may not be possible in some businesses. what to do.since number of varieties are msintained
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CA Ysil Karunai

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CA Ysil Karunai (Expert)
23 October 2017 Particulars of stock details are numerous is not a sufficient reason. Assessee has to maintain proper records of stock, methods of valuation, cost formulae etc., Since, stock is a material item for many business.

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