While valuing inventory:
A. The lower of actual cost or net realizable value shall be taken
B. Adjustment should be made to include any tax duty or cess paid or incurred by the assessee
C. The net realizable value shall be computed in the manner provided in ICDS.
D. All of the above
Answer:D
While valuing inventory:
A. The lower of actual cost or net realizable value shall be taken B. Adjustment should be made to include any tax duty or cess paid or incurred by the assessee C. The net realizable value shall be computed in the manner provided in ICDS. D. All of the above