6 results for “depreciation”+ Section 2(14)clear
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Bench: Dr. B.R.R. Kumar & Shri Yogesh Kumar U.S.
2. On the facts and in the circumstances of the case, the ld. CIT(A) erred in holding that duties and taxes which are reimbursed subsequently are not to be included as input VAT paid on purchases is eligible for set off without VAT liability, input VAT is not to be included in valuation of inventory