Court Rules Excise Duty Can't Be Excluded from Closing Stock Value; Consistent Accounting Methods Must Be Honored.

Court Rules Excise Duty Can't Be Excluded from Closing Stock Value; Consistent Accounting Methods Must Be Honored. https://www.taxtmi.com/highlights?id=16848 Whether excise duty is excluded form value closing stock - while disturbing the value of the closing stock the assessing authority could not change the method of accounting regularly employed - HC en-us Sat, 18 Jan 2014 11:41:40 +0530 Sat, 18 Jan 2014 11:41:40 +0530 TaxTMI RSS Generator Court Rules Excise Duty Can't Be Excluded from Closing Stock Value; Consistent Accounting Methods Must Be Honored. https://www.taxtmi.com/highlights?id=16848 Whether excise duty is excluded form value closing stock - while disturbing the value of the closing stock the assessing authority could not change the method of accounting regularly employed - HC Highlights Income Tax Sat, 18 Jan 2014 11:41:40 +0530 https://www.taxtmi.com/highlights?id=16848