https://www.taxtmi.com/highlights?id=38444 Additions on account of suppression of closing stock - defects in the LIFO method adopted - AO, is wrong in disturbing the method of accounting regularly employed by the assessee for valuation of closing stock. Hence the addition is bad in law - AT en-us Mon, 19 Mar 2018 07:27:54 +0530 Mon, 19 Mar 2018 07:27:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=38444 Additions on account of suppression of closing stock - defects in the LIFO method adopted - AO, is wrong in disturbing the method of accounting regularly employed by the assessee for valuation of closing stock. Hence the addition is bad in law - AT Highlights Income Tax Mon, 19 Mar 2018 07:27:54 +0530 https://www.taxtmi.com/highlights?id=38444