https://www.taxtmi.com/caselaws?id=350583 The High Court upheld the decisions of the lower authorities in favor of the assessee regarding the valuation of closing stock and additions made by the AO. The Court emphasized the importance of consistent accounting methods, rejecting the department's contentions and ultimately dismissing the appeal. en-us Wed, 11 Oct 2017 00:00:00 +0530 Wed, 08 Nov 2017 11:52:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350583 The High Court upheld the decisions of the lower authorities in favor of the assessee regarding the valuation of closing stock and additions made by the AO. The Court emphasized the importance of consistent accounting methods, rejecting the department's contentions and ultimately dismissing the appeal. Case-Laws Income Tax Wed, 11 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350583