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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Valuation of securities - Even when there is an appreciation of ...

Income Tax

January 9, 2019

Valuation of securities - Even when there is an appreciation of the value, it does not enure to the Bank as income and, hence, the valuation has to be made as stipulated by the RBI; at the market price or cost price, whichever is lower.

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