Tax Department Accepts Company's Practice of Valuing Rejected Railway Sleepers at Nil, No Stock Value Suppression Addition Made. https://www.taxtmi.com/highlights?id=25328 Addition on account of suppression of the value of stock - assessee company has been consistently following the accounting practice of valuing the rejected railways sleepers as nil and accounted for on realization basis and the department has accepted this method - No addition - AT en-us Thu, 15 Oct 2015 06:34:45 +0530 Thu, 15 Oct 2015 06:34:45 +0530 TaxTMI RSS Generator Tax Department Accepts Company's Practice of Valuing Rejected Railway Sleepers at Nil, No Stock Value Suppression Addition Made. https://www.taxtmi.com/highlights?id=25328 Addition on account of suppression of the value of stock - assessee company has been consistently following the accounting practice of valuing the rejected railways sleepers as nil and accounted for on realization basis and the department has accepted this method - No addition - AT Highlights Income Tax Thu, 15 Oct 2015 06:34:45 +0530 https://www.taxtmi.com/highlights?id=25328