https://www.taxtmi.com/caselaws?id=348587 The Tribunal dismissed all appeals, upholding the allowance of broken period interest as a deduction and permitting depreciation on AFS and HFT securities. The challenge to the validity of the reopening under section 147 was deemed academic due to the favorable decisions on deductions and depreciation. The order was pronounced on 06.09.2017. en-us Wed, 06 Sep 2017 00:00:00 +0530 Mon, 25 Sep 2017 07:20:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348587 The Tribunal dismissed all appeals, upholding the allowance of broken period interest as a deduction and permitting depreciation on AFS and HFT securities. The challenge to the validity of the reopening under section 147 was deemed academic due to the favorable decisions on deductions and depreciation. The order was pronounced on 06.09.2017. Case-Laws Income Tax Wed, 06 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348587