BUY COURSES
APP 1FIN
Section 36
In section 36(1)(iiia) discount allowed on zero coupon bonds is allowed as deduction on pro rata basis, can anyone explain this with the example ,precisely I need on what basis the proportion is made
Satya Shashank
CA Inter
★ 13K+
29-Sep-20 16:54
9
Answers (4)
Time basis.
Suraj Lakhotia
Admin
29-Sep-20 17:53
That means the life of zero coupon bonds, is that so
29-Sep-20 17:57
Yes. Tenure of zero coupon bonds.
29-Sep-20 18:07
Time basis
muni Prathap
CMA Inter
★ 545
02-Oct-20 18:05
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