Accountancy, asked by rajshreetulaskar, 6 months ago

interest on securities is paid on due date to the​

Answers

Answered by Sahanja
4

Explanation:

♤ Generally, interest becomes due on due dates specified on securities. ... As, in this case, interest of 6 months has become due to X on March 1, 2019, he will be liable to pay tax on the entire interest of Rs. 700 in the previous year 2018-19 if he maintains books of account on “mercantile system”.

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Answered by khushi0876
0

Answer:

March 1,2019

Explanation:

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