https://www.taxtmi.com/caselaws?id=59977 The Tribunal dismissed the assessee's appeals, upholding the rejection of the new valuation method for closing stock, the disallowance of certain expenses for the assessment year 1976-77, and the limitation on extra shift depreciation claimed for plant and machinery. The Tribunal emphasized the need for consistent application of valuation methods and adherence to established rules, citing relevant case law to support its decision. en-us Tue, 31 May 1983 00:00:00 +0530 Mon, 03 Jan 2011 11:29:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59977 The Tribunal dismissed the assessee's appeals, upholding the rejection of the new valuation method for closing stock, the disallowance of certain expenses for the assessment year 1976-77, and the limitation on extra shift depreciation claimed for plant and machinery. The Tribunal emphasized the need for consistent application of valuation methods and adherence to established rules, citing relevant case law to support its decision. Case-Laws Income Tax Tue, 31 May 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59977