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

Securities' Valuation Not Income for Banks; Must Follow RBI Guidelines Using Lower of Market or Cost Price.

January 9, 2019

Case Laws Income Tax HC

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

Securities' Valuation Not Income for Banks; Must Follow RBI Guidelines Using Lower of Market or Cost Price.

January 9, 2019

Case Laws Income Tax HC

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