https://www.taxtmi.com/forum/issue?id=110303 Assessment of manufacturing expenses focuses on whether reported production costs may be adjusted by the assessing officer on the basis that such expenses should vary proportionately with changes in sales, and that any assertion of disproportionate expense growth requires logical justification supported by explanation and records. en-us Wed, 04 May 2016 17:03:53 +0530 Thu, 23 Jan 2025 15:56:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110303 Assessment of manufacturing expenses focuses on whether reported production costs may be adjusted by the assessing officer on the basis that such expenses should vary proportionately with changes in sales, and that any assertion of disproportionate expense growth requires logical justification supported by explanation and records. Discussion-Forum Income Tax Wed, 04 May 2016 17:03:53 +0530 https://www.taxtmi.com/forum/issue?id=110303