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Veera Exports vs Asst. Commissioner Of Income Tax Circle ... on 5 June, 2017

then   the   correct   tax   liability   of   the  assessee could be ascertained.  Merely decreasing the  closing stock valuation by Rs.66.90 lakhs, the Revenue  cannot ... comparative low  difference between the two and in a period of rising  turnover and rising prices, such a system was apt to  diminish the assessment
Gujarat High Court Cites 6 - Cited by 0 - A Kureshi - Full Document
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