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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  

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