https://www.taxtmi.com/manuals?id=3582 ICDS-II prescribes the valuation of inventories at the lower of cost of purchase or net realisable value and identifies acceptable methods for determining cost of acquisition and other cost components to standardise computation of inventory cost for tax purposes. en-us Tue, 12 Dec 2023 15:10:00 +0530 Tue, 12 Dec 2023 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3582 ICDS-II prescribes the valuation of inventories at the lower of cost of purchase or net realisable value and identifies acceptable methods for determining cost of acquisition and other cost components to standardise computation of inventory cost for tax purposes. Manuals Income Tax Tue, 12 Dec 2023 15:10:00 +0530 https://www.taxtmi.com/manuals?id=3582