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COMMISSIONER OF INCOME-TAX versus MODI RUBBER LTD. (N0.2)


The change in the valuation method of the stock was exchanged by the tribunal, a method which, by the assessee, was a recognized and scientific method, allowed the tribunal to change, the Indian Income Tax. Business costs cannot be referred to the Supreme Court as decided by reference to the Act, 1961, Sections 145 and 256. Adel CIT v. Akumamba Textile Limited (1997) 227 ITR 464 The decision of the Supreme Court which is paid to the bank to the guarantee commission is a question of deduction. , Section 37 and cannot be excluded. 256

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