Qualifications for an SBA Export Loan closely resemble the requirements for an SBA 7(a) loan with a few variations depended on which SBA Export Loans you apply for. In general, youâll need: A good credit score (above 660 â check your score for free here)
Gas is to demonstrate that existing tax law does not definitively govern, the taxability of accrued interest on convertible bonds where the terms, of conversion do not clearly provide either that interest indebtednes. shall be discharged or that it shall be paid through issuance of stock.
The interest accrued on NSC is taxable. But, it is also eligible for a deduction under Section 80C. Generally, it is advisable to declare accrued interest on NSC on a yearly basis. So, over the period of six years, you could declare the interest income for each year. In such a case, it does not amount to a huge sum.