Change in method of valuation of closing stock under section
Last updated: 17 November 2008
Court :
ITAI MUMBAI
Brief :
When on account of application of section 145A a change is per se forced upon the assessee in the valuation of its closing stock, a corresponding adjustment in opening stock has to be carried out for consistency
Citation :
DCIT v. Beck India Ltd.
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CA Pawan Goswami
Published in Income Tax
Views : 146
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