No Distinction Between Debenture Discounts and Premiums in Tax Law; Both Treated as Revenue Expenditure. https://www.taxtmi.com/highlights?id=30735 There is no distinction between discount and premium, the discount on debentures as well as the premium payable on actual redemption on debentures in future years and the expenditure incurred for issue of such debentures are all held to be revenue expenditure - AT en-us Thu, 11 Aug 2016 14:39:06 +0530 Thu, 11 Aug 2016 14:39:06 +0530 TaxTMI RSS Generator No Distinction Between Debenture Discounts and Premiums in Tax Law; Both Treated as Revenue Expenditure. https://www.taxtmi.com/highlights?id=30735 There is no distinction between discount and premium, the discount on debentures as well as the premium payable on actual redemption on debentures in future years and the expenditure incurred for issue of such debentures are all held to be revenue expenditure - AT Highlights Income Tax Thu, 11 Aug 2016 14:39:06 +0530 https://www.taxtmi.com/highlights?id=30735