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

Bank Can Value Investments as Stock-in-Trade, Opting for Lower of Cost or Market Value for Depreciation. https://www.taxtmi.com/highlights?id=21933 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 en-us Wed, 25 Feb 2015 08:33:36 +0530 Wed, 25 Feb 2015 08:33:36 +0530 TaxTMI RSS Generator Bank Can Value Investments as Stock-in-Trade, Opting for Lower of Cost or Market Value for Depreciation. https://www.taxtmi.com/highlights?id=21933 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 Highlights Income Tax Wed, 25 Feb 2015 08:33:36 +0530 https://www.taxtmi.com/highlights?id=21933