Amortization of investment “held to maturity”- allowable ...

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

January 30, 2020

Case Laws Income Tax HC

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 investment “held to maturity”- allowable ...

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

January 30, 2020

Case Laws Income Tax HC

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