Opening & closing stock

This query is : Resolved 

18 March 2014 As per I.T. Department there is a any limit ratio for closing stock & opening stock???
Any rules about closing stock & opening stock???
Example:- that is non audit firm have compulsory ratio is 8% so Similarly in closing stock & opening stock???


18 March 2014 there is no specific hard and fast rule drafted by them.


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