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Amortization of "held to maturity" investments allowed u/s 37(1) of Income Tax Act, irrespective of balance sheet classification.

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....Amortization of investment “held to maturity”- allowable expenditure u/s 37(1) or not? - it cannot be denied by the authorities under the pretext that it was showing as investment in the balance sheet.....

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Amortization of "held to maturity" investments allowed u/s 37(1) of Income Tax Act, irrespective of balance sheet classification.