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Debenture in amalgamation

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(Querist)
11 October 2015 in our mcom exam debenture is treated as a part of purchase consideration(PC) and in IPCC it is treated as liability i.e. taken into pc calculation. pls throw some light. what can I do?
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Amol S Joglekar

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Amol S Joglekar (Expert)
12 October 2015 No , you are making some confusion, it seems. Please quote the example or numerical
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