Income Tax New Change I Inventory Valuation of Businessmen I New Form 6C I CA Satbir Singh
Income Tax New Change I Inventory Valuation of Businessmen I New Form 6C I CA Satbir Singh
Daily Archives: August 16, 2023
CBDT relased Draft form 6C for inventory valuation report.
CBDT relased Draft form 6C for inventory valuation report. The Finance Act 2023 substituted section 142(2A) to empower the AO to appoint a cost accountant for the valuation of inventory. The cost accountant is required to submit the report in a prescribed format. To implement the amendment, the CBDT has released draft Form No. 6C… Read More »