https://www.taxtmi.com/caselaws?id=332786 HC held that a bona fide, permanent change in stock valuation from lowest price during the year to weighted average cost was permissible, and the Tribunal's contrary finding was without merit, decision against Revenue. Separately, packing expenses for exported goods did not qualify for deduction under section 35B(1)(b) of the Act, and that issue was decided against the assessee. en-us Thu, 08 Sep 2016 00:00:00 +0530 Mon, 06 Oct 2025 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332786 HC held that a bona fide, permanent change in stock valuation from lowest price during the year to weighted average cost was permissible, and the Tribunal's contrary finding was without merit, decision against Revenue. Separately, packing expenses for exported goods did not qualify for deduction under section 35B(1)(b) of the Act, and that issue was decided against the assessee. Case-Laws Income Tax Thu, 08 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332786