https://www.taxtmi.com/circulars?id=9342 The Instruction limits qualification as a whole-time bona fide employee to cases where the employment terms forbid other employment and none is taken; it also rules that shares "actually belonging" to a director but registered in another's name count for rule 86 only where benami character is proved, admitted, or openly professed, and modifies Instruction No.1143 accordingly. en-us Wed, 23 Apr 1980 00:00:00 +0530 Sat, 04 Jun 2011 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9342 The Instruction limits qualification as a whole-time bona fide employee to cases where the employment terms forbid other employment and none is taken; it also rules that shares "actually belonging" to a director but registered in another's name count for rule 86 only where benami character is proved, admitted, or openly professed, and modifies Instruction No.1143 accordingly. Circulars Income Tax Wed, 23 Apr 1980 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9342