Menu
Interest on zero coupon bonds
Interest in zero coupon bonds allowed as expenditure?
Replies (2)
Quick Summary
No interest is generally paid in case of zero coupon bond. At the time of maturity, bondholders will receive the face value of the bond and are issued at discount,
Yes, it is allowed as an expenditure. Since zero-coupon means no interest, the discount amount is allowed as an expenditure. See section 36(1)(iiia) and rule 8C.
Recent Topics :
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
Related Topics :
CAclubindia
