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Income Tax | ITAT Chennai: Debenture Interest Taxable on Conversion Into Equity Shares

1 Oct 2026 · 1 Oct 2026By CA Sandeep KanoiSource: TaxGuru

ITAT Chennai upheld Section 263 revision as ₹61.97 lakh accumulated debenture interest became taxable on conversion into equity shares. The post ITAT Chennai: Debenture Interest Taxable on Conversion Into Equity Shares appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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