Question

tax benefit is available only in case is payment of intrest of debentures and not on payment of dividends of share ? why ?​

Answer 1

Answer:

Your Answer:-

Explanation:

Tax benefit is available only in case of payment of interest and not on the payment of preference dividend'. Why? The reason is that the payment of interest is considered an expense while preference dividend is the division of profit.

Answer 2

Answer:

The reason is that the payment of interest is considered an expense while preference dividend is the division of profit.