Computation of pro rata amount of discount on a zero coupon bond for purpose of section 32(d).

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....unt of discount on a zero coupon bond for purpose of section 32(d).- (1) For the purposes of section 32(d), the pro rata amount of discount on a zero coupon bond shall be computed in the following man....

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.... is less than fifteen days, it shall be ignored; (b) the amount of discount shall be divided by the number of calendar months determined in accordance with clause (a); and (c) where ....