P Ltd an infra company issued Zero Coupon Bonds the Face value of which is ₹5,00,000 for ₹3,60,000 which will be matured after 4 years. What will be the deduction p.a. be available to the company ?
CS Executive · Tax Laws · PYQS · December 2023
P Ltd an infra company issued Zero Coupon Bonds the Face value of which is ₹5,00,000 for ₹3,60,000 which will be matured after 4 years. What will be the deduction p.a. be available to the company ?
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Income Tax Act, 1961
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