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Income Tax - Case Law - Dy Commissioner of Income tax 17 1 Mumbai Versus M s Western Shipbreaking Industries 2013 7 TMI 311 ITAT MUMBAI

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Increase in value of closing stock u s 145 inclusion of interest cost assessee is in the business of ship breaking industry CIT observed that there is no room to disturb the valuation of closing stock The interest expens.......... Income Tax - Case Law

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