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Case Law Details

Case Name : M/s Punjab & Sind Bank Vs. Deputy Commissioner of Income Tax (ITAT Delhi)
Appeal Number : ITA No. 6444/Del/1993
Date of Judgement/Order : 21/03/2012
Related Assessment Year : 1987- 88
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Short fall in the market value of securities.- Rs. 4,29,64,559.00- we are of the view that the claim of the assessee could not be rejected merely on the ground that in the books of account the securities were being valued as per the notifications issued by the R.B.I. However, it is not clear from the orders of the lo

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