Taxation-zero coupon secured redeemable non-convertible deb

Raj (ac) (155 Points)

11 July 2012  

Hi All,

Greetings!

I hold some Zero Coupon Secured Redeemable Non-Convertible Debentures from Muthoot.

Could anyone let me know how do I show it in my Income Tax, whether I show it as Interest accrued or?

Thanks in advance

 

Details of the security are below

 

https://www.bseindia.com/cirbrief/new_notice_detail.asp?noticeid=%7BB9E181DB-4C77-4C09-8002-3C5435E747A2%7D&noticeno=20120120-10&dt=1/20/2012&icount=10&totcount=12&flag=0

 

 

Raj