Income Tax Ruling: Dispatches to Stockists Must Be Included in Stock Calculations to Ensure Accurate Taxable Income.

Income Tax Ruling: Dispatches to Stockists Must Be Included in Stock Calculations to Ensure Accurate Taxable Income. https://www.taxtmi.com/highlights?id=7014 Accounting - Even if mere dispatches to the stockists did not amount to sales, the unsold amount not treated as part of the stock - it distort the picture for the purpose of ascertaining the taxable income - HC en-us Mon, 04 Mar 2013 12:19:33 +0530 Mon, 04 Mar 2013 12:19:33 +0530 TaxTMI RSS Generator Income Tax Ruling: Dispatches to Stockists Must Be Included in Stock Calculations to Ensure Accurate Taxable Income. https://www.taxtmi.com/highlights?id=7014 Accounting - Even if mere dispatches to the stockists did not amount to sales, the unsold amount not treated as part of the stock - it distort the picture for the purpose of ascertaining the taxable income - HC Highlights Income Tax Mon, 04 Mar 2013 12:19:33 +0530 https://www.taxtmi.com/highlights?id=7014