2019 (1) TMI 409

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....E) JUDGMENT Vinod Chandran, J. The issue arising in both these appeals are with respect to the appreciation of trading assets and the manner in which the value has to be credited to the profit and loss account. The assessee-Bank admittedly engages inter alia in making investments by way of purchasing securities. They are also treated as trading assets of the Bank. The question raised is as to....