https://www.taxtmi.com/caselaws?id=284705 The Tribunal upheld the Commissioner (Appeals)'s decision on the valuation of closing stock and the treatment of dieselising expenditure, ultimately dismissing the revenue's appeals for all the assessment years in question. The assessee's consistent valuation method for closing stock was accepted, with no identified flaws in their accounting system. The disallowance of dieselising expenditure was also upheld, with the revenue's concerns not substantiated. en-us Fri, 29 Aug 1986 00:00:00 +0530 Thu, 05 Dec 2019 18:05:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284705 The Tribunal upheld the Commissioner (Appeals)'s decision on the valuation of closing stock and the treatment of dieselising expenditure, ultimately dismissing the revenue's appeals for all the assessment years in question. The assessee's consistent valuation method for closing stock was accepted, with no identified flaws in their accounting system. The disallowance of dieselising expenditure was also upheld, with the revenue's concerns not substantiated. Case-Laws Income Tax Fri, 29 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284705