https://www.taxtmi.com/caselaws?id=119759 The Tribunal upheld the CIT(A)'s decision, finding the change in the method of stock valuation from FIFO to Moving Weighted Average Method bona fide and compliant with accounting standards and statutory requirements. The appeal filed by the Revenue was dismissed. en-us Mon, 04 Dec 2006 00:00:00 +0530 Thu, 12 Jul 2012 18:54:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119759 The Tribunal upheld the CIT(A)'s decision, finding the change in the method of stock valuation from FIFO to Moving Weighted Average Method bona fide and compliant with accounting standards and statutory requirements. The appeal filed by the Revenue was dismissed. Case-Laws Income Tax Mon, 04 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119759