https://www.taxtmi.com/caselaws?id=182245 The High Court of Karnataka remanded the case to the assessing officer to review the method used by the assessee in determining the closing stock for the accounting year ending 31st March 1989. The orders of the lower authorities for the assessment year 1990-91 were overturned, and the matter was sent back for reassessment. en-us Mon, 26 Nov 2007 00:00:00 +0530 Fri, 06 May 2016 10:18:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182245 The High Court of Karnataka remanded the case to the assessing officer to review the method used by the assessee in determining the closing stock for the accounting year ending 31st March 1989. The orders of the lower authorities for the assessment year 1990-91 were overturned, and the matter was sent back for reassessment. Case-Laws Income Tax Mon, 26 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182245