Assessee Bank is entitled to value all the investment at cost ...

Bank Can Value Investments as Stock-in-Trade, Opting for Lower of Cost or Market Value for Depreciation.

February 25, 2015

Case Laws Income Tax AT

Assessee Bank is entitled to value all the investment at cost prices or market value whichever is lower by treating such investment as stock-in-trade, thus depreciation allowed - AT

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Assessee Bank is entitled to value all the investment at cost ...

Bank Can Value Investments as Stock-in-Trade, Opting for Lower of Cost or Market Value for Depreciation.

February 25, 2015

Case Laws Income Tax AT

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