https://www.taxtmi.com/circulars?id=68181 Amendment requires an assessee to furnish an inventory valuation report prepared and signed by a Cost Accountant nominated by the supervisory commissioner when the Assessing Officer, with prior approval, considers such valuation necessary; draft Form No. 6C prescribes the format, inventory categories, valuation methods (including application of ICDS II where applicable), product wise quantitative and valuation schedules, reconciliations with Form 3CD/audited accounts, workings for cost of production and net realisable value, and explanations for variances and method changes. en-us Wed, 16 Aug 2023 00:00:00 +0530 Wed, 11 Feb 2026 16:00:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68181 Amendment requires an assessee to furnish an inventory valuation report prepared and signed by a Cost Accountant nominated by the supervisory commissioner when the Assessing Officer, with prior approval, considers such valuation necessary; draft Form No. 6C prescribes the format, inventory categories, valuation methods (including application of ICDS II where applicable), product wise quantitative and valuation schedules, reconciliations with Form 3CD/audited accounts, workings for cost of production and net realisable value, and explanations for variances and method changes. Circulars Income Tax Wed, 16 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68181