By claiming the diminution in the value of securities during the ...

Income Tax

January 27, 2017

By claiming the diminution in the value of securities during the year under consideration, the assessee is trying to get the benefit which he did not get u/s. 80P in the earlier years - Additions confirmed - HC

View Source

← Previous Next →

By claiming the diminution in the value of securities during the ...

Income Tax

January 27, 2017

You may also like:

Computation of amount of diminution value on securities - the amount of premium on investment has not been taken into consideration at the time of computing diminution...

Diminution of value of shares - to be treated as business loss or not - Regular method of valuation of stock to be followed - claim of loss allowed - AT

Diminution in value of inventory - in the case of slow moving items which did not have a ready market, it was permissible for the assessee to adopt a lower value - AT

MAT Computation u/s 115JB - once assessee has reduced amount shown by it as a provision for diminution of investment from its total value of investment, it no longer...

In the case of intangible asset being commercial/business rights diminution in value or physical wear and tear is not an essential condition for admissibility for...

Provision for diminution in the value of closing stock – Had it had claimed the net realizable value of closing stock in trading account, the debit of provision for...

Deemed Loss - Diminution in the value of investment in two unlisted companies - Loss in the value of investment will arise only when such shares are sold by the...

Nature of loss - commercial expediency - provisions of diminution of Government of India Fertilizer Bonds [GoI Bonds] - the loss incurred due to the diminution in the...

Higher rate of depreciation - assessee has proved that it has used the security vans for transportation of cash valuables etc. - claim depreciation @40% on security vans...

Diminution of value and depreciation of closing stock - if the market value of the closing stock is more than the cost, as profit cannot be brought to tax on notional...

Quick Updates: