Court Rules Bank Securities as Stock in Trade for Tax; Valued at Cost or Market, Whichever is Lower. https://www.taxtmi.com/highlights?id=27411 Loss on revaluation of investments - valuation of stock in trade - the securities of the Banks are investment and have to be valued at costs or market price, whichever is less - claim of loss allowed - HC en-us Sat, 20 Feb 2016 15:22:31 +0530 Sat, 20 Feb 2016 15:22:31 +0530 TaxTMI RSS Generator Court Rules Bank Securities as Stock in Trade for Tax; Valued at Cost or Market, Whichever is Lower. https://www.taxtmi.com/highlights?id=27411 Loss on revaluation of investments - valuation of stock in trade - the securities of the Banks are investment and have to be valued at costs or market price, whichever is less - claim of loss allowed - HC Highlights Income Tax Sat, 20 Feb 2016 15:22:31 +0530 https://www.taxtmi.com/highlights?id=27411