WebDec 21, 2024 · Compulsorily Convertible Debentures (‘CCDs’) are hybrid instruments, being debt at the time of issue along with a certainty to get converted into equity. Since the guidelines on FDI treat CCDs as equity for the purposes of reporting to the RBI, a question arises as to whether they are to be regarded as equity capital under all other laws as well. … WebMar 18, 2024 · For NCDs, sold with in a period of 12 months from the date of allotment, short term capital gain taxes are applicable at normal tax slab rates. For NCDs, sold after …
Is NCD
WebSep 12, 2024 · Unlike convertible debentures, NCDs cannot be converted into equity shares of the issuing company at a future date. Types of NCDs: Secured NCD: Secured NCD is … WebAug 22, 2016 · However, the Assessing Officer, rejected the same by holding that the same was not claimed in the Profit & Loss Account, while the it was claimed in the statement of … tattoo cover up with another tattoo
Market Linked Debentures Taxation - Learn by Quicko
WebJun 21, 2010 · 21 June 2010 Non Convertible debentures are issued by SEBI registered Mutual Funds. Whether on Payment of Interest on NCD, TDS is deductible ? Any provisions in IT Act or any circular to this effect. Shudhanshu Agrawal (Expert) Follow. 21 June 2010 As per Section 193 TDS will be applicable except where CG with the notification had exempted. WebJul 24, 2024 · INTERNATIONAL TAXATION : In case of applicant approved as Merchant Banker under section 28 of Monetary Authority of Singapore (MAS) Act, interest earned by … WebJan 10, 2024 · For any short term capital gains, based on the holding period discussed above, made on bonds either at the time of sale or redemption are taxed at the slab rate … tattoo cream aftercare