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  • Form 10 Particulars For Registration Of Charges For Debentures Pursuant To Sections 125, 127, 128

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FORM 10 Particulars for registration of charges for debentures Pursuant to sections 125, 127, 128, 129, 130, 132, 134 and 135 and Pursuant to section 600 read with 125, 127, 128, 129, 130, 132, 134.

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The issuing of debentures follows a process which is similar to that of issue of shares by a company. There will be issuing of prospectus, applications will be invited from interested parties and there will be issuing of letters of allotment.

Interest on debenture is a tax-deductible expenditure, and thus, it saves income tax. The cost of a debenture is lower than the cost of preference shares or equity shares. Matters of debentures are profitable during inflation times.

If debentures are issued by listed businesses, no TDS will be taken up to Rs. 5000 (this sum must be paid by an a/c payee check up to Rs. 5000).

A company is required to register an allotment of debentures as soon as practicable and in any event, within two months after the date of the allotment (CA 2006, s 741), so the company may choose to maintain a register of debentures in order to comply with this requirement, rather than including such details in the ...

ing to the Income Tax Act, 1961, an enterprise must deduct income tax at the recommended rate from the interest payable on debentures if it surpasses the guided limit. It is known as TDS or Tax Deducted at Source and is to be accumulated and deposited with the tax authorities.

Accounting Treatment of Issue of Debenture: The journal entries passed for issuing debentures are the same as in the case of shares. Only 'Debenture A/c' is used in place of 'Share Capital A/c'. The rate of interest is usually pre-fixed with Debenture A/c.

1. Definition: Debentures: Debentures are unsecured debt instruments issued by companies to raise funds. They represent a form of long-term borrowing where the issuer agrees to pay periodic interest and return the principal amount at maturity.

ing to the Income Tax Act, 1961, an enterprise must deduct income tax at the recommended rate from the interest payable on debentures if it surpasses the guided limit. It is known as TDS or Tax Deducted at Source and is to be accumulated and deposited with the tax authorities.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232