Deduction for Stock Written-off allowable if Assessee establishes it Documentarily: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench while allowing the deduction to the assessee ruled that the deduction for stock written-off allowable if assessee establishes it documentarily. The assessee company, M/s GlaxoSmithKline Asia Pvt. Ltd. is in the business of manufacturing and trading of drugs and oral health care products. During the year it […]
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