Whether Upfront Payment of Interest on Debentures Allowed as Deduction in the Year of Payment

FCS Deepak Pratap Singh , Last updated: 19 October 2021  
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INCOME TAX QUESTIONS ANSWERS SERIES PART-X Whether upfront payment of interest on debentures will not be allowed as deduction during the year of payment We are going to analyze a problem in which a company has paid upfront interest on an option exercised by debenture holders and claim the who

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Published by

FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Income Tax   Report

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