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Excise duty on finished goods to be included in closing stock valuation
Case Law Details
- Case Name
- M/S Krishi Discs (P) Ltd. Industrial Area Vs. The Commissioner Of Income Tax (Allahabad High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Allahabad High Court
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HIGH COURT OF ALLAHABAD
Krishi Discs (P.) Ltd.
versus
Commissioner of Income-tax, Bareilly
IT APPEAL No. 214 of 2005
MARCH 11, 2013
JUDGMENT
Ram Surat Ram (Maurya), J.
Heard Sri Suyash Agrawal, learned counsel for the appellant and Sri Dhananjay Awasthi, learned Senior Standing Counsel for the Revenue.
2. The assessee has filed the aforementioned appeal from the order of Income Tax Appellate Tribunal, Lucknow Bench, Lucknow (Tribunal) dated 19.11.2004 passed in ITA No. 591/LUC/2004. The appellant has proposed the following substantial question of law in the memo of appeal.
“Whether th...
