https://www.taxtmi.com/notifications?id=12486 The notification specifies the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993 as the prescribed scheme under clause (a) of sub section (1) of section 115AC of the Income tax Act, effective for the assessment year 1993 94 (previous year 1992 93) and subsequent assessment years, identifying issuance of foreign currency convertible bonds and conversion into ordinary shares via depositary receipts as the transactional mechanism covered by the provision. en-us Fri, 24 Dec 1993 00:00:00 +0530 Thu, 01 May 2025 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=12486 The notification specifies the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993 as the prescribed scheme under clause (a) of sub section (1) of section 115AC of the Income tax Act, effective for the assessment year 1993 94 (previous year 1992 93) and subsequent assessment years, identifying issuance of foreign currency convertible bonds and conversion into ordinary shares via depositary receipts as the transactional mechanism covered by the provision. Notifications Income Tax Fri, 24 Dec 1993 00:00:00 +0530 https://www.taxtmi.com/notifications?id=12486