C. G. specifies, the debentures issued before the date of publication of this notification and the debentures to be issued after such date, by the Thanthai Periyar Transport Corporation Limited, Villupuram, as a part of the Workers' Participation Scheme of the Govt of Tamil Nadu

C. G. specifies, the debentures issued before the date of publication of this notification and the debentures to be issued after such date, by the Thanthai Periyar Transport Corporation Limited, Villupuram, as a part of the Workers' Participation Scheme of the Govt of Tamil Nadu https://www.taxtmi.com/notifications?id=9139 Debentures issued before and after publication by Thanthai Periyar Transport Corporation Limited under the Workers' Participation Scheme are specified for the purposes of the proviso to section 193, subject to conditions: no government guarantee as to principal or interest; issuance only to individuals (including joint holders); restricted transferability to such individuals; an interest rate cap; and a per-employee annual interest income ceiling. The specification does not apply where debenture income plus salary exceeds the minimum taxable limit. en-us Tue, 19 Feb 1980 00:00:00 +0530 Fri, 22 Aug 2008 12:02:00 +0530 TaxTMI RSS Generator C. G. specifies, the debentures issued before the date of publication of this notification and the debentures to be issued after such date, by the Thanthai Periyar Transport Corporation Limited, Villupuram, as a part of the Workers' Participation Scheme of the Govt of Tamil Nadu https://www.taxtmi.com/notifications?id=9139 Debentures issued before and after publication by Thanthai Periyar Transport Corporation Limited under the Workers' Participation Scheme are specified for the purposes of the proviso to section 193, subject to conditions: no government guarantee as to principal or interest; issuance only to individuals (including joint holders); restricted transferability to such individuals; an interest rate cap; and a per-employee annual interest income ceiling. The specification does not apply where debenture income plus salary exceeds the minimum taxable limit. Notifications Income Tax Tue, 19 Feb 1980 00:00:00 +0530 https://www.taxtmi.com/notifications?id=9139