Discount on bond issuance defined as the difference between proceeds received and redemption amount for specified issuers. The Discount under clause (iiia) of sub section (1) of section 36 is the difference between the amount received or receivable by an infrastructure capital ... Summary
Discount on bond issuance defined as the difference between proceeds received and redemption amount for specified issuers.
The Discount under clause (iiia) of sub section (1) of section 36 is the difference between the amount received or receivable by an infrastructure capital company, infrastructure capital fund, public sector company, or scheduled bank issuing a bond and the amount payable by that issuer on maturity or redemption of the bond.
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