debentures
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 June 2011
Prism infracon ltd. issuing secured debentures.is it safe or not?
19 June 2011
See the valuation for rating done by any in-dependent authority or not if it is below +AAA then you should not take any risk. No doubt you will get a fixed rate of interest but the same is taxable under income tax act.
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