Computation of amount of diminution value on securities - the ...

Court Deletes Additions After Premium on Securities Excluded from Value Diminution Calculation; No Separate Disallowance Made.

July 22, 2020

Case Laws Income Tax AT

Computation of amount of diminution value on securities - the amount of premium on investment has not been taken into consideration at the time of computing diminution of the value of the securities. AO has not made any separate disallowance towards write off of premium on these securities. - Additions made deleted.

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Computation of amount of diminution value on securities - the ...

Court Deletes Additions After Premium on Securities Excluded from Value Diminution Calculation; No Separate Disallowance Made.

July 22, 2020

Case Laws Income Tax AT

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