Securities Loss Deduction Allowed When Moving from AFS to HTM; Revised Calculations Confirmed by Tax Commissioner.

Shifting loss incurred at the time of shifting of securities from AFS to HTM category - The said shifting loss is squarely allowable as deduction. But the assessee had provided the revised workings of the said loss before the ld. CIT(A) which resulted in an enhancement - Additions confirmed. .....

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