SC: Subsidy Taxability Depends on its Purpose under The Income Tax Law  ||  MP HC:Revenue Authority’s Decision Can’t Operate as Res Judicata in Absence of Express Statutory Bar  ||  SC: Breakup Followed by Suicide does not Automatically Amount to Abetment to Suicide  ||  SC: Election Petition under Representation of the People Act Must be Filed Personally by Petitioner  ||  Patna HC: Template Arrest Memo cannot Satisfy Mandate under Article 22 of Constitution  ||  MP HC: Delayed Cruelty FIR not Counterblast When Wife “Remains Silent” to Save her Married Life  ||  MP HC:Revenue Authority’s Decision Can’t Operate as Res Judicata in Absence of Express Statutory Bar  ||  Patna HC: Signature Mismatch alone cannot Prove OMR Tampering  ||  J&K&L HC: Bail can be Set Aside if Contrary to Statutory Mandate  ||  Kerala HC: Headmistress’s Churidar cannot Bar Entry, Clothing Choice is A Fundamental Right    

ITAT: Depreciation Claimed on Government Securities Categorised as AFS is Allowable - (17 Jun 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has held that depreciation claimed for the Government securities categorised as 'Available for Sale' (AFS) is allowable.

Tags : ITAT   GOVERNMENT SECURITY   AFS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved