Meaning of “Damage or destruction of stock or stores”

The meaning of damage or destruction of stock or stores under section 36 of the Income Tax Act is not defined in the act itself. But we can take guidance from decisions by various high courts. Here are excerpts of courts orders in which the Hon’ble High Court tried to explain the meaning of damage or destruction of stock or stores.

Activate Annual Subscription

To view this post please and activate subscription.

Buy This Post

To view this post please and activate subscription.

Leave a Reply