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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Debentures, whether fully or partly or optionally convertible, ...

Income Tax

February 15, 2016

Debentures, whether fully or partly or optionally convertible, are nothing but debt till the date of conversion and any interest paid on these debentures is allowable as normal business expenditure - AT

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