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Loss from Selling Non-Convertible Debentures Not Part of Acquisition Cost for Convertible Debentures, Court Rules.

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Full Text of the Document

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....Loss on the sale of debentures - non-convertible Part B of the 15% redeemable partly convertible debentures - the loss suffered could not be construed to be a part of the cost of acquisition of convertible Part A of the PCD retained by the appellant - HC....

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