VAT Authorities Accept Records; No Addition for Undervaluation of Closing Stock Due to Proper Invoice Recording.

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....Addition on a/c of under valuation of closing stock - invoices of raw material are booked in the end of year against the material recd - it was demonstrated that the goods were received through challans earlier whereas the invoices were raised later and were entered in the books of account - even VAT authorities have scrutinized the records and have accepted the purchase, sales and closing stock without any mistake - no addition....