Inoome tax implication

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C.A. Sandeep Wawhal (Querist)
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17 December 2012 Dear Experts,

Pls explain the implication of income tax in case of redemption of debenture at par.....

Regards,

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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17 December 2012 Redemption of debenture is subject to capital gain at the time of redemption. No Indexation is allowed in case of redemption of debentures.
In your, case nothing will taxable since it is redemed at par.

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C.A. Sandeep Wawhal

C.A. Sandeep Wawhal (Querist)
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17 December 2012 thank you sir, Sir my next query I am doing ca, i wanna to know how can i improve scope in accounting, finance and taxation worldwide.............. whether additional degree or deploma is required ?

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C.A. C.S. Meera Doshi

C.A. C.S. Meera Doshi (Expert)
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17 December 2012 Hei Sandeep,I would suggest you to go fr CFA if you want international exposure!

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CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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17 December 2012 First you should concentrate on CA. you can also join CFA along with pursuaing CA. NO doubt CFA is a very good course but after registering for CFA, it should not happen that you are not performing well in CA.

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C.A. Sandeep Wawhal

C.A. Sandeep Wawhal (Querist)
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19 December 2012 thanks......

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CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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19 December 2012 You can use Thanks Tab to convey Thanks

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