Tax on ncd maturity
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2017
What is the %of tax applicable on maturity value of 5 years Nonconvertible debenture.
07 August 2017
You need to show the difference as interest income. You can show the same year wise OR in the year of receipt. Choice is yours.
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