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of <h1>Innovative Tax Valuation Rules Set New Standards for Inventory and Securities Pricing Under Income Tax Bill 2025</h1> A legal analysis of Clause 277 in the Income Tax Bill, 2025 reveals a comprehensive approach to valuing inventory and securities for tax purposes. The provision mandates valuation at the lower of actual cost or net realizable value, incorporating all statutory levies. It ensures uniformity in tax computation across different sectors, particularly for banks and financial institutions, by aligning with Income Computation and Disclosure Standards. The clause aims to reduce litigation, enhance transparency, and provide clear guidelines for tax assessment.
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