https://www.taxtmi.com/acts?id=15987 No tax deduction at source shall be required on interest payable to a resident individual or resident Hindu undivided family on debentures of companies in which the public are substantially interested, provided the aggregate interest payable in the financial year to such payee does not exceed the prescribed threshold and the interest is paid by an account payee cheque; the clause removes the listed-debenture condition and increases the monetary threshold, effective from 1st July, 2012. en-us Fri, 16 Mar 2012 16:25:19 +0530 Fri, 16 Mar 2012 17:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15987 No tax deduction at source shall be required on interest payable to a resident individual or resident Hindu undivided family on debentures of companies in which the public are substantially interested, provided the aggregate interest payable in the financial year to such payee does not exceed the prescribed threshold and the interest is paid by an account payee cheque; the clause removes the listed-debenture condition and increases the monetary threshold, effective from 1st July, 2012. Act-Rules Bills Fri, 16 Mar 2012 16:25:19 +0530 https://www.taxtmi.com/acts?id=15987