https://www.taxtmi.com/acts?id=16344 Substitution to clause (v) of the proviso to section 193 provides that no tax shall be deducted at source on interest payable to a resident individual or Hindu undivided family on debentures of a company in which the public are substantially interested, provided the aggregate interest paid or likely to be paid in the financial year does not exceed a prescribed threshold and the interest is paid by the company by an account payee cheque; effective from 1 July 2012. en-us Tue, 29 May 2012 12:59:19 +0530 Tue, 29 May 2012 12:59:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16344 Substitution to clause (v) of the proviso to section 193 provides that no tax shall be deducted at source on interest payable to a resident individual or Hindu undivided family on debentures of a company in which the public are substantially interested, provided the aggregate interest paid or likely to be paid in the financial year does not exceed a prescribed threshold and the interest is paid by the company by an account payee cheque; effective from 1 July 2012. Act-Rules F. Acts / Amendment Acts Tue, 29 May 2012 12:59:19 +0530 https://www.taxtmi.com/acts?id=16344