Nice work done and good sharing on blog and forums.
A sincere opinion please change your background page image as most of the write up on this page is not clear readable, or you may change the colour of writings to make it readable. Hope you don't mind my suggestion.
One again thanks for such nice participation on the fourm.
The previously stored material has been laying in stores for 15 years which means its cost as on today is higher compared to the current price of same material. Hence, with input cost increasing but the selling price being same profit is reduced. However, the income generated remains same so there will not be any change in income tax.
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