https://www.taxtmi.com/caselaws?id=247543 The Tribunal allowed the appeal, finding the adjustment of transport charges in closing stock valuation unnecessary and revenue neutral based on consistent accounting method and lack of demonstrated profit underestimation. The decision was supported by legal precedents emphasizing consistency and materiality in accounting practices. en-us Fri, 25 Apr 2014 00:00:00 +0530 Thu, 15 May 2014 08:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247543 The Tribunal allowed the appeal, finding the adjustment of transport charges in closing stock valuation unnecessary and revenue neutral based on consistent accounting method and lack of demonstrated profit underestimation. The decision was supported by legal precedents emphasizing consistency and materiality in accounting practices. Case-Laws Income Tax Fri, 25 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247543