Treatment of Broken Period Interest on Investment|CASANSAAR 3732

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Please Help: Treatment of Broken Period Interest on Investment

Posted Date : 05-Aug-2013 , 10:51:25 am | Posted By: Hiten

Category : Income Tax | Answers : 0| Comments : 0| Hits: 221

What is the treatment of Broken period interest paid at the time of purchase of securities held as investments? Whether it is to be deducted from interest received or it is to be added in cost of acquisition?

Please Help: Treatment of Broken Period Interest on Investment

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