Discount on issue of Debentures is in the nature of

Name: Discount on issue of Debentures is in the nature of
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

Discount on the issue of Debentures is considered a capital loss because it relates to the financing of the company and not to its operational activities. This discount reduces the amount of capital raised through the debentures but does not recur in the normal course of business, distinguishing it from operational or revenue expenses.

Discount on Issue of Debentures Is in the Nature of