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Other sources m LIC POLICY m ky premium paid not exceeding 10%......dekhna h ya agg.premium exceeding 5 lakh dekhna h ...... please explain
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Mihir purchase 1000, 10% debenture of A Ltd. from Karan on 15/7/24. Company pays interest for 6 Months each on 30/9 & 31/3 every year. a-Calculate interest taxable in hands of Mihin. b- Suppose in above example, Mihin purchased debenture directly from company on 15/7/24.
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