https://www.taxtmi.com/caselaws?id=15484 The case involved an application by the Commissioner of Income-tax, Haryana, seeking a direction to the Income-tax Appellate Tribunal to refer a question of law regarding the deletion of an addition made on account of undervaluation of closing stock by the assessee, a State Government undertaking. The Tribunal upheld the assessee's change in valuation method as bona fide and consistently applied in subsequent years, leading to the dismissal of the application as the question sought to be referred was not a referable question of law. en-us Wed, 23 Dec 1998 00:00:00 +0530 Thu, 06 Aug 2009 18:29:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15484 The case involved an application by the Commissioner of Income-tax, Haryana, seeking a direction to the Income-tax Appellate Tribunal to refer a question of law regarding the deletion of an addition made on account of undervaluation of closing stock by the assessee, a State Government undertaking. The Tribunal upheld the assessee's change in valuation method as bona fide and consistently applied in subsequent years, leading to the dismissal of the application as the question sought to be referred was not a referable question of law. Case-Laws Income Tax Wed, 23 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15484