Friday, May 1, 2015

[aaykarbhavan] No revision by CIT alleging discrepancy in stock if AO had verified actual quantity of stock during assessment



 

No revision by CIT alleging discrepancy in stock if AO had verified actual quantity of stock during assessment

May 1, 2015[2015] 56 taxmann.com 314 (Panaji - Trib.)
IT : Where Assessing Officer found that assessee maintained correct and proper books of account and assessment order was passed after considering actual quantity of stock from books as well as that physically available, revision was not justified
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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