Illustration 3 On 1st April, 1998 Janaki Ltd had Rs 3,00,000 6 Government stock at Rs 94 (face value Rs 100 each) Interest is payable half yearly on 31st March and 30th September The company sold Rs 90,000 of the stock at Rs 95 ex interest on 1st June and purchased Rs 72,000 stock at Rs 97 cum int...

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Illustration 3 On 1st April, 1998 Janaki Ltd. had Rs. 3,00,000 6% Government stock at Rs...

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Income Tax Fundamentals 2013

ISBN: 9781285586618

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Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Illustration 3 On 1st April, 1998 Janaki Ltd. had Rs. 3,00,000 6% Government stock at Rs...

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