Loss in Bardana Value Due to Wear and Tear Deemed Justified in Financial Assessments.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Addition on account of loss in bardana - In such type of business the bardana is used to store goods like paddy, rice and rice bran etc. and again reused, the value of bardana deteriorate with passage of time and there is also wear and tear, therefore, the purchase price and the sale price of bardana cannot be the same. - the addition made on account of loss in bardana was not justified - AT....