'A' Transport company engaged in the business of plying goods carriage with 4 heavy vehicles and 3 non-heavy vehicles. All the non-heavy vehicles were sold on 10th May, 2018 and 2 heavy vehicles were acquired on the same

The official key records '*'. This question is excluded from automatic grading because the source does not supply an unambiguous valid choice. Official source note: None of the option is correct. As per amendments made vide Finance Act, 2018, valuation of heavy vehicle goods is ₹ 1000 per tonne per month. In the question, the weight of heavy vehicle is not given. Therefore valuation could not be made.