TMI BlogAmendment of section 193X X X X Extracts X X X X X X X X Extracts X X X X ..... viso, after clause (iv), the following clause shall be inserted with effect from the 1st day of June, 1984, namely :- "(v) any interest payable to an individual, who is resident in India, on de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... egate of the amounts of such interest paid or likely to be paid during the financial year by the company to such individual does not exceed one thousand rupees.".
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