Allahabad H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was correct in law in holding that the revaluation of the material and tanning charges on the 17408 hides of the closing stock is to be made after giving a set off of a similar revaluation of the 17238 hides as appearing in the opening stock and, accordingly, in effect, revaluing only balance 170 hides (17408-17238) in process ?
High Court Of Allahabad CIT vs. Indian National Tannery (P) Ltd. Section 145 Asst. Year 1982-83 R.K. Agrawal & Prakash […]