https://www.taxtmi.com/caselaws?id=255868 The High Court of Gujarat dismissed the appeals in favor of the assessee, confirming that excise duty should not be included in the valuation of closing stock. The court referred to a previous judgment and ruled consistently with the established legal interpretation on this matter. en-us Wed, 21 Jan 2015 00:00:00 +0530 Thu, 29 Jan 2015 06:32:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255868 The High Court of Gujarat dismissed the appeals in favor of the assessee, confirming that excise duty should not be included in the valuation of closing stock. The court referred to a previous judgment and ruled consistently with the established legal interpretation on this matter. Case-Laws Income Tax Wed, 21 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255868