Losses from slow moving stocks valid despite some parties not appearing before Assessing Officer; no grounds for suspicion.

Losses from slow moving stocks valid despite some parties not appearing before Assessing Officer; no grounds for suspicion. https://www.taxtmi.com/highlights?id=41844 Disallowance of losses claimed on account of slow moving stocks - valuation - merely for the reason that few parties did not appear before the AO, there is no reason to suspect total transactions made by the assessee in respect of slow moving stocks. en-us Fri, 05 Oct 2018 12:52:34 +0530 Fri, 05 Oct 2018 12:52:34 +0530 TaxTMI RSS Generator Losses from slow moving stocks valid despite some parties not appearing before Assessing Officer; no grounds for suspicion. https://www.taxtmi.com/highlights?id=41844 Disallowance of losses claimed on account of slow moving stocks - valuation - merely for the reason that few parties did not appear before the AO, there is no reason to suspect total transactions made by the assessee in respect of slow moving stocks. Highlights Income Tax Fri, 05 Oct 2018 12:52:34 +0530 https://www.taxtmi.com/highlights?id=41844