https://www.taxtmi.com/news?id=15562 Proposed amendments narrow the definition of deposit by excluding bona fide business advances evidenced by contract (even if outstanding beyond the current 365 day limit) with disclosure; extending exclusion horizons for compulsorily convertible debentures and excluding amounts received directly from regulated institutional investors; permitting exclusion for listed unsecured debentures; exempting certain convertible notes issued to qualifying investors subject to safeguards; retaining existing promoter contribution exemptions; aligning Rules with private company statutory exemptions; and allowing advertisement/website in lieu of individual member circulars. en-us Tue, 02 Feb 2016 18:56:47 +0530 Tue, 02 Feb 2016 18:56:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15562 Proposed amendments narrow the definition of deposit by excluding bona fide business advances evidenced by contract (even if outstanding beyond the current 365 day limit) with disclosure; extending exclusion horizons for compulsorily convertible debentures and excluding amounts received directly from regulated institutional investors; permitting exclusion for listed unsecured debentures; exempting certain convertible notes issued to qualifying investors subject to safeguards; retaining existing promoter contribution exemptions; aligning Rules with private company statutory exemptions; and allowing advertisement/website in lieu of individual member circulars. News - Tue, 02 Feb 2016 18:56:47 +0530 https://www.taxtmi.com/news?id=15562