https://www.taxtmi.com/acts?id=3807 Certificate of no deduction of tax or deduction at lower rates from dividends may be issued where the shareholder's income justifies such treatment and the prescribed conditions are satisfied. The shares must be in a public company and either beneficially owned by the applicant, with dividends not includible in another person's income, or held in trust wholly for charitable or religious purposes, with dividends exempt from tax. The certificate is valid for the specified period, not exceeding three years, is personal to the named holder, and ceases for transferred shares on notice to the company. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 20 May 2026 12:21:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3807 Certificate of no deduction of tax or deduction at lower rates from dividends may be issued where the shareholder's income justifies such treatment and the prescribed conditions are satisfied. The shares must be in a public company and either beneficially owned by the applicant, with dividends not includible in another person's income, or held in trust wholly for charitable or religious purposes, with dividends exempt from tax. The certificate is valid for the specified period, not exceeding three years, is personal to the named holder, and ceases for transferred shares on notice to the company. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3807