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of <h1>Gujarat HC dismisses appeal on excise duty valuation in closing stock for AY 1998-1999</h1> <h3>Income Tax Officer - Ward-1 Bharuch Versus Gujarat Borosil Ltd.</h3> Income Tax Officer - Ward-1 Bharuch Versus Gujarat Borosil Ltd. - TMI The Gujarat High Court dismissed the appeal for the Assessment Year 1998-1999 regarding the exclusion of excise duty when valuing closing stock, based on a previous decision in Tax Appeal No. 852 of 2007.
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