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![Government Securities are classifiable under AFS Category: ITAT confirms Income Tax Deduction allowed for Loss of Govt Securities [Read Order] Government Securities are classifiable under AFS Category: ITAT confirms Income Tax Deduction allowed for Loss of Govt Securities [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Government-securities-AFS-category-ITAT-deduction-Taxscan.jpeg)
Government Securities are classifiable under AFS Category: ITAT confirms Income Tax Deduction allowed for Loss of Govt Securities [Read Order]
The Income Tax Appellate Tribunal (ITAT), Vishakhapatnam bench has held that Government Securities are classifiable under the “Available For Sale”...