ca cpt exam
This query is : Resolved
23 October 2008
how the co. will purchase its own debentures in open market and how it can be retained as investment?
23 October 2008
IT CAN PURCHASE AND CANCEL IN ITS BOOKS AS LIABILITY. THE DIFFERENCE OF PURCHASE PRICE AND FACE VALUE IS GENERALLY PROFIT. IT HAS NOT TO PAY INTEREST ON THE SAME.
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