7. Mr. P. Das held 260, 12% Debentures in X Ltd. 110 on 01.04.14. The face valueof each debenture was `100. Interest on debentures are payable annually on 31.03.every year. The following were his transactions in the same debenture during 2014-15.01.07.14 Bought 400 Debentures cum-interest 108.01.09.14 Bought 240 Debentures ex-interest * 105.01.01.14 Sold 360 Debentures cum-interest 115.He paid brokerage on purchase price/sale proceeds of debentures 0.02 for a rupeeMake out Investment Account in the books of Mr. P. Das.[2015on Sale

7. Mr. P. Das held 260, 12% Debentures in X Ltd. 110 on 01.04.14. The

1.	7. Mr. P. Das held 260, 12% Debentures in X Ltd. 110 on 01.04.14. The face valueof each debenture was `100. Interest on debentures are payable annually on 31.03.every year. The following were his transactions in the same debenture during 2014-15.01.07.14 Bought 400 Debentures cum-interest 108.01.09.14 Bought 240 Debentures ex-interest * 105.01.01.14 Sold 360 Debentures cum-interest 115.He paid brokerage on purchase price/sale proceeds of debentures 0.02 for a rupeeMake out Investment Account in the books of Mr. P. Das.[2015on Sale
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