Last-In-First-Out | Taxscan | Simplifying Tax Laws

Last-In-First-Out

kerala high court - Kerala hc - kerala hc news - Opening stock - closing stock - TAXSCAN

Opening and Closing Stock is to be valued using same Methodology: Kerala HC [Read Order]

Kerala high court - kerala hc news income computation - Income computation methods - LIFO - FIFO - TAXSCAN

Assessee can adopt one or the other method for income computation if a particular method has not been made mandatory: Kerala HC [Read Order]

Penny Stock - Stocks - Taxscan

LIFO Method can be used for Valuation of Stocks: ITAT [Read Order]

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