Dismissing the appeal of the revenue the Tribunal held that; provision for fall in the value of investment held as stock-in-trade by bank is allowable as a deduction. FollowedCanara Bank vs. JCIT (2016) 68 taxmann.com 128 wherein it was held that the directions of the RBI are only disclosed norms and they have nothing to do with computation of taxable income. It was also held that where investments are forming part of stock-in-trade, loss arising on account of fall in value of securities should be recognized and allowed as a deduction. (AY. 2008-09 to 2011-12)