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ITAT allows known Loss on closing stock valuation as per Principle of Prudence

Analysis of the ITAT Mumbai case, Sanjeev Motwani vs ACIT, focusing on the deletion of addition concerning the valuation of closing stocks based on the Principle of Prudence.

The post ITAT allows known Loss on Closing Stock Valuation as per Principle of Prudence appeared first on TaxGuru.



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ITAT allows known Loss on closing stock valuation as per Principle of Prudence

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