25 September 2014
there are two possible qualification 1) Proper stock record are not maintained by the assessee 2) valuation of closing stock is not possibe ...... Both qualification can be made or any one of them Please answer
25 September 2014
as per clause 14a if valuation is not possible than under which method the valuation is to be mentioned at cost or market price as per above clause or the clause is to be left blank ... please clarify