https://www.taxtmi.com/highlights?id=47052 Addition being alleged excess value of stock calculated in survey - addition was based on statement of Director which was later on retracted - assessee company with the help of complete working established that the statements at the time of survey with regard to processing cost was wrong - actual process cost as arrived in books of account is to be taken for valuation of stock en-us Sat, 08 Jun 2019 07:40:38 +0530 Sat, 08 Jun 2019 07:40:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47052 Addition being alleged excess value of stock calculated in survey - addition was based on statement of Director which was later on retracted - assessee company with the help of complete working established that the statements at the time of survey with regard to processing cost was wrong - actual process cost as arrived in books of account is to be taken for valuation of stock Highlights Income Tax Sat, 08 Jun 2019 07:40:38 +0530 https://www.taxtmi.com/highlights?id=47052