S.C : The economy of the business of the assessee worked out on the basis of U.S. $ price and for the purpose of stock valuation, the same was recorded in rupees for which the prevailing exchange rate was applied
Supreme Court Of India Sanjeev Woollen Mills vs. CIT Section 145(1), proviso Asst. Years 1992-93, 1993-94 Dr. AR. Lakshmanan & […]