https://www.taxtmi.com/caselaws?id=333081 The Tribunal dismissed the Revenue's appeals, upholding the deletion of disallowance on depreciation and amortization of premium on Government Securities held under HTM category. The Tribunal affirmed that Government Securities under HTM are considered part of stock-in-trade, referencing relevant case law. The Cross-Objections filed by the assessee for the assessment year 2008-09 were dismissed as not pressed. The decision was pronounced on August 23, 2016. en-us Tue, 23 Aug 2016 00:00:00 +0530 Tue, 04 Oct 2016 13:29:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333081 The Tribunal dismissed the Revenue's appeals, upholding the deletion of disallowance on depreciation and amortization of premium on Government Securities held under HTM category. The Tribunal affirmed that Government Securities under HTM are considered part of stock-in-trade, referencing relevant case law. The Cross-Objections filed by the assessee for the assessment year 2008-09 were dismissed as not pressed. The decision was pronounced on August 23, 2016. Case-Laws Income Tax Tue, 23 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333081