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Income Tax - Case Law - THE KARNATAKA BANK LTD VERSUS ASSISTANT COMMISSIONER OF INCOME TAX MANGALORE 2013 (7) TMI 656 - KARNATAKA HIGH COURT

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Depreciation on securities - Computation of income of Bank - Revenue held Assessee violated RBI guidelines - Tribunal declined to grant depreciation - Held that - method of accounting adopted by the tax payer consistentl.......... Income Tax - Case Law

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