https://www.taxtmi.com/caselaws?id=468947 Deduction for diminution in value of held-to-maturity investments was accepted on the basis of the jurisdictional High Court's view, and the first appellate authority's remand was confined to verification of the quantum, valuation method, and consistency of application before relief was granted. That verification-based direction was found proper, as no infirmity was shown in allowing the Assessing Officer to examine the depreciation or diminution claim. The Revenue's challenge therefore failed, and the remand order was upheld. en-us Thu, 08 Feb 2024 00:00:00 +0530 Tue, 26 May 2026 17:11:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468947 Deduction for diminution in value of held-to-maturity investments was accepted on the basis of the jurisdictional High Court's view, and the first appellate authority's remand was confined to verification of the quantum, valuation method, and consistency of application before relief was granted. That verification-based direction was found proper, as no infirmity was shown in allowing the Assessing Officer to examine the depreciation or diminution claim. The Revenue's challenge therefore failed, and the remand order was upheld. Case-Laws Income Tax Thu, 08 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468947