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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

There is no distinction between discount and premium, the ...

Income Tax

August 11, 2016

There is no distinction between discount and premium, the discount on debentures as well as the premium payable on actual redemption on debentures in future years and the expenditure incurred for issue of such debentures are all held to be revenue expenditure - AT

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